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No Founders Discounting
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Comment: Very timely humor if you are tired of End of Year predictions that take themselves too seriously. Easy reading for the New Year
GoldFix Summary:
Argentina’s Taylor rule
The new president of Argentina shocks the world when he “irrevocably” ties his nation’s currency to the most valuable commodity in the world – Taylor Swift
Forward f***ing guidance
Swearing makes the Fed sound really cool and can mold markets: “If you think we are cutting rates in March, you are f***ing deluded!”
Conservative Hair For The Win
The real secret to the success of populist politicians is not their “plain speaking” or their rejection of “woke lefty elitism”, but rather their ridiculous and laughable hair styles.
THAT recession finally happens
If you poked fun at the Bloomberg economics team for saying there was a “100% chance of recession” in November 2022, you better have your apology ready in 2024.
A.I. Gets Everyone Fired
Traders start using AI to predict what central banks will do, while those same central banks are using AI to tell them “what the market is thinking”.
More People Should Be Getting Fired
The Philips curve is made illegal after wrongly predicting higher unemployment with higher interest rates