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Two things that caught my attention this week, 6/17/19:
1. Effective lower bound v. Zero lower bound - Danielle DiMartino Booth - Think potentially important language change, especially in light of other Fed pronouncements in recent weeks that we have been writing about in our work suggesting Fed’s hand being forced by US money markets.
2. Relatively tame oil price response to Straits of Hormuz incident - function of weak economy?
In this episode, I mention FFTT Tree Rings, for more information, please visit here: https://fftt-llc.com/index.php/subscribe-to-fftt/treerings