My Fancy-Schmancy “Fed Hawk-o-Meter” Jumps 18%, “Patient” Gets Slashed, “Moderated” Disappears
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What’s the Fed Trying to Say? My fancy-schmancy Fed Hawk-o-Meter jumped 18% from 22 to 26, after having been on a downtrend for four Fed meetings in a row. Something’s up. The Fed Hawk-o-Meter checks the …