Faculty Publications

Title

Are You Addicted to the Fed? Here's Your Cure

Document Type

Article

Publication Date

2-24-2016

Abstract

To paraphrase the late musician Robert Palmer, "You might as well face it, you're addicted to the Fed."

It seems that the vast majority of investors are suffering from some form of Fed obsession, as global stock markets seemingly rise and fall on mere rumors of moves the U.S. central bank might or might not make