The Fed's Rate Hike Model Is Based on Monty Python

The Fed has been in the Endlessly Running in Place phase since late 2008. It is hoped that the next phase will go nice and slow, nice and gradual... but....

June 21, 2015
CNBC: Fed won't hike rates because they're too scared: Economist

"The Fed's trying to reassure everybody that they're going to do things nice and slow, nice and gradual...but one of the things that I'm worried about is what's happened to the bond market since the crisis," said Lee.