Fed still at near zero ZIRP Mauldin


Today’s young Wall Street hotshots have never seen anything like that. To them the jump from 0.5% to 0.75% must seem like a big deal. It’s really not. 

If the chart above were a heart monitor readout, we would say this patient is now dead and that last blip was an equipment glitch.

John Mauldin 19 December 2016

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