“Fed kicks can down the road”

That´s the image that came to mind when I saw this chart from Bank Paribas that Binyamin Appelbaum reproduced in his post.

When “bets” began, 2014 was the “favored” year for the first rate increase. Then, 2015 gained great “popularity” and now 2016 is garnering “fans”. Maybe 2017 will come up on the screen soon!

That only tells me that the Fed is failing in it´s duties!