Why Investors Don’t Believe Americana is a Banana Republic … Yet 

“[i]f the new Federal Reserve Board is of the desired quality and character it will be the most unpopular board that ever sat in Washington. It will turn deaf ears to all political and sectional considerations. The greater the clamor for cheap money the tighter it will hold the reserves.” — C.W. Barron, The Federal Reserve Act 

Chart of the Day Good morning! In traditional circumstances, a criminal investigation looking into Federal Reserve Chair Jerome Powell would rei...

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