Still Smoking In Bed

Analyzing economic and market history can be most instructive and informative. After all, you don’t know where you’re going until you know where you’ve been. A notable past event in this regard was the 60 Minutes interview with then Fed Chair Ben Bernanke on March 15, 2009. The reason for the interview at the time was to both reassure the country and its financial markets as well as explain the Fed’s extraordinary monetary policy actions going forward. But what is perhaps most notable seven years on from this landmark interview is not the policy actions that followed, but instead what has still yet to take place after so many years. In some respects, it is yet one more example to help explain the growing frustration and unrest around the world.

Please click on the link to read more of my article on Seeking Alpha.

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