Heisenberg Macro As I hear Larry Summers or Bill Dudley who sound befuddled about the Fed's failure to recognize the risks to higher inflation, the image of Frank Costanza yelling "Serenity Now" flashes in my mind. Speaking of serenity, central bankers gathered in the gorgeous town of Sintra to attend the ECB Forum on Central Banking - or more like Inflation Anonymous group therapy workshop - a little prayer for central bankers in thinking about inflation -
Great read, especially the cause-effect across sectors. Loved the title! Keeping fingers crossed it doesn't crossover to "Serenity Now, Insanity later" :))
Great read, especially the cause-effect across sectors. Loved the title! Keeping fingers crossed it doesn't crossover to "Serenity Now, Insanity later" :))