Posts Tagged ‘reforms’

In October I was saying that the US Republican Congress win could be a game changer for the markets.

The US Federal Reserve has been clearly protecting and encouraging this share market rally (they admitted it in several occasion).

In October I showed that there was at least a part of the Republicans that were less than sure of the independence of the FED  (unfortunately I do not have the time to go in detail).

Today there was the first full on confrontation between the Chairman Yellen and two very powerful Republicans and it did not end well for the FED.

The 3rd March there is an hearing on reforms for the FED.

Watch this space.