Sep 30, 2015

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Here is a thought provoking article from Gavyn Davies over at the FT. The Fed faces a difficult situation. They want to normalize rates but if they do and are wrong, they may face an even more unpleasant set of choices.
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And from Matt Levine at Bloomberg, a great line about Carl Icahn and Donald Trump:

My tentative theory of Icahn is that he has spent the last few years more or less trolling public companies for fun, and it’s been fun, but seeing Donald Trump trolling on a larger stage has inspired him to step up his own game.

Categories: Macro, Trading

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