Odds of future Fed Hikes may be diminishing thanks to computer models.
For those who don’t track such things, there is an incredibly interesting paper our from the Federal Reserve in its Finance and Economics Discussion Series (FEDS).
In addition, a long discussion on Mexico which we’ve been writing about for a couple of decades as a sorry place that doesn’t leave many happy endings in place.
While I would much rather continue with our alternative power systems design series, this is a money-making oriented publication and there’s a dandy reference to the Keynesians that this paper makes that falls right in line with our thinking.
So today, a few charts, a look at the trade-shortened week coming up (President’s Day, don’tcha know) and our sly though dry view of the Friday wash coming out in print… Beaned up?