When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Wednesday, July 2, 2014

Fed Is Wrong Everytime on Growth Forecasts (Kumar video)

Fed Is Wrong Everytime on Growth Forecasts: Kumar: Video - Bloomberg:
(Allow video to load after clicking play)
Sri Kumar, founder and president at Sri-Kumar Global Strategies, examines comments from Federal Reserve Chairman Janet Yellen on interest rates and modest growth for the United States, why he believes the Fed will be better off ending quantitative easing sooner than later and how current conditions mirror risks prior to the financial crisis. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”

    

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