YouTube Video of Zurich Conference
The Fed has never forecast a recession, even after they have started.
It reminds me of Bernanke's denials on the housing bubble.
No Comment on Trade?
Accurate Reader Comment
"Not only has the Fed never forecast a recession they've never forecast a crash or bubble. But that hasn't stopped them from telling us we don't have a bubble or crash on the horizon."
Mike "Mish" Shedlock