The banker's former boyfriend revealed to a New York jury in January that he had stolen the information from her, but swore she wasn't involved and didn't know.
The most probable scenario for the global economy and markets is fairly obvious: continued GDP growth, rock-bottom rates, and rising stocks. It's more useful to identify which unlikely events would alter this likely benign scenario...
"Coordinated monetary policy is the problem, not the solution. And while I have little hope for change in that regard, I have no hope that monetary policy will rescue us from the next crisis..."
Contrary to the popular way of thinking, setting in motion an unbacked consumption through monetary pumping will only stifle, and not promote, economic growth...
"These limits will support market functioning and operational efficiency by smoothing the distribution of bill holdings and maturities within the SOMA portfolio."
