@justinwolfers: Silent Kevin's theory: if the Fed stops talking, markets will stop watching the Fed and start watching the economy instead. But. Every loan rate from overnight to 30 years is built on expectations of what the Fed does next. Going quiet doesn't change that math—it just makes the guessing harder. https://www.youtube.com/watch?v=CcDds5uP8e4
The market will now speculate. But he’s afraid of Trump as he will sure have a nickname for him. 😝😝😝
2026-08-29 17:40:41
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DrMG2U :
No. The problem with Silent Kevin is that at least half of us don't trust his competence and at least half of us don't trust his sincerity. His reticence exacerbates both resulting in a complete lack of trust in Kevin AND the Fed.
2026-08-30 04:22:39
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Angelo :
I like to call him Ole Wobbles. Wobbly Warsh all talk and committees and no action.
2026-08-29 18:47:15
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