I swear sometimes that Bloomberg, Reuters, and Yahoo! Finance are nothing but mouthpieces for the Federal Reserve System. During my brief stint as an analyst/editor with Telecommunications Reports, a standard mode for gathering intel on regulatory agencies was to sit next to the fax machine waiting for a press release. We would then confirm the … Continue reading Does the media focus too much on the Federal Reserve?
The takeaway … I listened to Jerome Powell’s press conference held yesterday after the release of the Federal Open Market Committee’s decision on the federal funds target range. The FOMC decided to maintain the target range at 5.25% to 5.50% by keeping its administered rates, the discount window and the interest on reserve balances, at … Continue reading No surprises as the Fed keeps rates the same. If there is a pivot, it is coming from the media not the Fed…
The bar, media, church, and academy must present the illusion that all positions can be accommodated while in actuality only one position may prevail: that of the State.
True intellectualism is purposeful, narrow, and intentional. When it claims universality, it is properly masking its true intent. Continue reading True intellectualism equals deceitful narrative …
Alton Drew 