tag:blogger.com,1999:blog-1110014885778996459.post933719516233364738..comments2024-03-29T00:15:52.716-07:00Comments on Idiosyncratic Whisk: NY Fed Household Debt Report: Signs of Debt Growth?Kevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1110014885778996459.post-19398950544081603052017-02-16T17:45:29.995-07:002017-02-16T17:45:29.995-07:00Excellent blogging. All my biases confirmed.
Also...Excellent blogging. All my biases confirmed.<br /><br />Also, David Beckworth points out 70% of global central banking pegged to Fed.<br /><br />If the Fed tightens with CPI core sans shelter at 1.3%, when would they not tighten?Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-52986762987503693992017-02-16T10:39:44.520-07:002017-02-16T10:39:44.520-07:00In a nutshell, monetary policy is probably the mos...In a nutshell, monetary policy is probably the most important factor in cycles, and public and Fed sentiment are skewed too much toward contraction. So, unless we get a positive demand shock strong enough to move faster than the Fed, they seem destined to overtighten.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-47346763607439433462017-02-16T10:31:30.933-07:002017-02-16T10:31:30.933-07:00"There isn't any reason that the expansio..."There isn't any reason that the expansion should reverse simply due to its age, but this seems like a context where, nevertheless, the risks of being exposed to a contraction are higher than usual."<br /><br />Can you expound on why the risk of contraction is higher than usual?Anonymoushttps://www.blogger.com/profile/18177345519423565261noreply@blogger.com