Day

July 11, 2016
The Federal Open Market Committee (FOMC), which sets the Federal Funds target rate, spent most of the last six months telling anyone who would listen that rates were going up, and that the U.S. economy was improving.  The market was reluctant to listen.  After all, the Fed threatened to raise rates for nearly two years...
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A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the bliss of