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Anybody Watching the Bloomberg Interviews of Fed Officials?
No, because honestly doing anything based upon what a particular Fed governor says in a particular day is just futile. Bullard could easily say something different next month.
I found the discussions to be very informative. It gave us an indication of what the members are watching and how they are thinking.
I appreciate Bloomberg's efforts to provide viewers with intelligent discussions, as opposed to CNBCs efforts to dramatize the market. CNBC's nightly specials called "Markets in Turmoil" were not helpful to informed investing. It's like yelling "fire" in a movie theater.
No, because the risk/reward ratio from listening to them anymore does not have a positive skew for me, IOW the probability of injury to my mental well being is now higher than what I'm willing to risk. It's like listening to Sarah Palin; sooner or later, she's gonna say something when you're protective shield is down, and it's really gonna mess with your head. For days.
Sir! We've lost all power to the shields!! Palin class Romulan warbird decloaking off the starboard bow!! Red Alert!! Red Alert!! All hands to battle stations!! Mr Worf, standby to fire photon torpedoes!
heezsafe said "No, because the risk/reward ratio from listening to them anymore does not have a positive skew for me, IOW the probability of injury to my mental well being is now higher than what I'm willing to risk." - Than I assume you didn't watch the re-runs from last week which Bloomberg aired again today under the banner: "Jackson Hole Postmortem". (I'm not kidding.)Unfortunately, the more I hear them talk, the less they seem like highly idealistic and altruistic guardians of the realm - and the more they come across as a bunch of wealthy bankers.
and the more they come across as a bunch of wealthy bankers.
But they're totally looking out for the best interests of everyday Americans. Or so I've been told repeatedly.
There's a great Yellen interview at the end of a movie called "Money For Nothing", where she talks about how we have to not have an economy reliant on bubbles. Hilarious stuff. Interviews with lots of familiar faces, including a number of current and prior Fed officials and familiar economists (Barry Ritholtz, among many others.)
In all seriousness, very good documentary and well worth a view. It's on Netflix, last I looked.
Comments
I appreciate Bloomberg's efforts to provide viewers with intelligent discussions, as opposed to CNBCs efforts to dramatize the market. CNBC's nightly specials called "Markets in Turmoil" were not helpful to informed investing. It's like yelling "fire" in a movie theater.
@hank however, if you're willing to risk it, here is something to at least lighten the load, which you might find amusing:
a speech by Stanley Fischer at Jackson Hole turned into a pretend interview:
http://economistsview.typepad.com/economistsview/2015/08/us-inflation-developments.html
Sir! We've lost all power to the shields!!
Palin class Romulan warbird decloaking off the starboard bow!!
Red Alert!! Red Alert!! All hands to battle stations!!
Mr Worf, standby to fire photon torpedoes!
-
Than I assume you didn't watch the re-runs from last week which Bloomberg aired again today under the banner: "Jackson Hole Postmortem". (I'm not kidding.)Unfortunately, the more I hear them talk, the less they seem like highly idealistic and altruistic guardians of the realm - and the more they come across as a bunch of wealthy bankers.
There's a great Yellen interview at the end of a movie called "Money For Nothing", where she talks about how we have to not have an economy reliant on bubbles. Hilarious stuff. Interviews with lots of familiar faces, including a number of current and prior Fed officials and familiar economists (Barry Ritholtz, among many others.)
In all seriousness, very good documentary and well worth a view. It's on Netflix, last I looked.
Trailer: