No Laughing Matter….

Originally posted on Tuesday, February 21st, 2012 Ricochet.com, January 31, 2011 reports: In what may be the strangest market indicator ever, a blogger found that the amount of laughter recorded in the official transcripts of Federal Reserve Open Market Committee...

The Fed Goes 0 for 4

Originally posted on Wednesday, February 29th, 2012   “To entrust to science … more than scientific method can achieve may have deplorable effects.” — Hayek What if the Federal Reserve consistently gets it wrong? Consistent wrongness is the verdict...