FED - much ado about nothingSo the big brave 4 Trillion dollar FED finally raised the rate by a quarter point after a decade.
oh wow.
why does the whole world analyze the secret code and dot plots of this central planning committee?
It seems to me that we would all be better off if more attention was paid to technological innovation, disruption, real economic activity. Real life is more important than 25 basis points in the past eight years.