Comments about the financial markets, politics and other random thoughts of interest.

Monday, September 10, 2007

Debate About The Fed



Will they or won't they? Below are great links on two articles that explore the issues facing the Federal Reserve. The first is written by Brian Wesbury the Chief Economist of FirstTrust Advisors who states that any Fed action would be a mistake:

  • Wesbury Comments


  • The second is written by Paul McCulley who along with Bill Gross runs the largest bond fund in the world. He argues for a rate cut:

  • Pimco Comments


  • So who is right? Simply post an opinion and we will report on the results.

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