Obama Was Right, You Didn’t Build That, I Did We Run Things, You Must Follow Orders The Tin Man has been out and about for campaign events, which is both interesting and dangerous. Last Friday he was speaking in Philadelphia. This is a quote, “I can’t guarantee it. But – you betcha – those rates come down more, because I bet you that that little outfit that sets interest rates, it’s going to come down.” Then this week at Jay Powell’s press conference on Wednesday, Jay confirmed it. The fix is in. Now, it’s getting a little hard to follow what the Tin Man means when he speaks but it sounds like he knew something about the Fed’s plans. Or more likely, he and Janet Yellen told Jay what his little outfit was going to do. By the way, when Nick Timiraos first published his article on the Fed meeting in yesterday’s
Great meeting you last night. I am embarrassed that I didn’t put 2+2 together to realize that I read you piece while drinking my coffee in the am!
Let’s play some golf this year