Stifel: The Fed Are Wearing Beer Goggles

Fucking nuts, as it pertains to menacing markets with higher rates. What this lassie doesn’t seem to understand, being that she drinks from the tap water in St. Louis, is that the Fed never really intended to hike. It’s all a game of smoke and mirrors, extend and pretend. It’s the manipulative practices of a few bedeviled bankers that has us all tied up in spaghetti strands, desperately in search for a meatball.