​This Is A New World Where The Most Powerful Players Are No Longer The Bankers, But Politicians, Their Deficits And Debts – Tyler Durden

This Is A New World Where The Most Powerful Players Are No Longer The Bankers, But Politicians, Their Deficits And Debts By Eric Peters, CIO of One River Asset Management “Today, unemployment is up to 4.2 percent, inflation’s down to a few tenths above 2. So, we know that it is time to recalibrate our policy to something that is more appropriate given the progress on inflation, and on employment, moving to a more sustainable level, so the balance of risks are now even,” answered Chairman Powell. He had just cut interest rates by 50bps. “The labor market is actually…  — Continue at ZeroHedge News : Read More