Mystery solved. Why´s the Fed so keen on December 16?

It´s an anniversary with biblical connotations. On Dec 16, 2015 it will be 7 years that the Fed lowered rates to “zero” on December 16, 2008.

We just don´t know if the seven years about to end were those of plenty or famine, so we cannot be sure about the next seven!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s