{"id":4396,"date":"2015-01-11T16:06:56","date_gmt":"2015-01-11T21:06:56","guid":{"rendered":"http:\/\/olduvai.ca\/?p=4396"},"modified":"2015-01-11T16:06:56","modified_gmt":"2015-01-11T21:06:56","slug":"the-fed-is-losing-if-not-already-lost-control","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=4396","title":{"rendered":"The Fed. Is Losing If Not Already Lost Control"},"content":{"rendered":"<h3 class=\"entry-title\"><a href=\"http:\/\/markstcyr.com\/2015\/01\/10\/the-fed-is-losing-if-not-already-lost-control\/\" target=\"_blank\">The Fed. Is Losing If Not Already Lost\u00a0Control<\/a><\/h3>\n<p>We witnessed a few things for the start of 2015 in the financial markets that were unlike any previous. The first three days of the new year produced the worst three-day stint in the markets \u2013 ever. A meaningless, insignificant, trivial, data point? Possibly. However, when it coincides with other noticeable factors taking place across the financial spectrum It behooves any thinking person to sit up and take notice. (Unless you\u2019re the next scheduled appearing CNBC\u2122\u00a0\u201cEverything\u2019s Awesome!\u201d fund manager. Then it\u2019s more like a Servpro\u2122\u00a0tag line: Like it never even happened.)<\/p>\n<p>The reason why this sell-off in conjunction with its timing raises eyebrows is its direct proximity to the release of the latest FOMC meeting and conference. Here was where markets were supposed to get their \u201cguiding principles\u201d for how to proceed into the new year.<\/p>\n<p>What they seemed to get was nothing more than gobly goop. The all fearing word \u201cpatient\u201d reared its supposed vampire slaying head, but instead of replacing the soothing phrase of \u201cconsiderable time,\u201d it was added too. This in-turn sent some very expensive headline reading HFT computers, along with some very expensive highly paid fund managers into a \u201cHuh what?\u201d\u00a0state of confusion.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fed. Is Losing If Not Already Lost\u00a0Control We witnessed a few things for the start of 2015 in the financial markets that were unlike any previous. The first three days of the new year produced the worst three-day stint in the markets \u2013 ever. A meaningless, insignificant, trivial, data point? Possibly. However, when it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[303,305,1849,534],"class_list":["post-4396","post","type-post","status-publish","format-standard","hentry","category-economics","tag-fed","tag-federal-reserve","tag-financial-markets","tag-monetary-policy"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4396"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4396\/revisions"}],"predecessor-version":[{"id":4397,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4396\/revisions\/4397"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}