In your book, perhaps.
There are other books.
The Fed is not the center of the target.
Under whose thumb are you?
Its just the way I am reading it, I keep saying, I am sure much of “my book” is wrong... We are all guessing here. I am NOT holding my stuff up as fact.
PLEASE I have said this from day one, DO NOT BELIEVE what I am saying, I am human, I will be wrong! look into it for yourself and make your own mind up.... I have avoided it pretty much except when asked. Most of my opinions have been done privately for this exact reason.
Most everything I post is stuff I find and I link to the source. Sometimes I compile it by adding the past and some of the comments I think are relevant. If it’s wrong, dispute it, don’t just tell me I am wrong. Lets have a discussion.