Bill Dudley accuses the Fed of 'outsourcing monetary policy to financial markets' and creating a 'loss of credibility' as markets signal doubt with rising long-term yields.
The tape Bloomberg Surveillance · Jul 31
“The former New Your Friend President Bill Dudley with a new op ed iitled Watch's approach to Fed policy is deeply flawed. He writes, outsourcing monetary policy to financial markets is a terrible idea.”
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Palisades Gold Radio · Joel Salatin: The Real Impact of Fertilizer Shortages on Farmers | The Next Farm Crisis Starts NowAug 1
The US beef herd has shrunk to its lowest level since 1950, while farmers face massive losses on key crops and analysts warn of impending diesel and fertilizer shortages this fall.
Marketplace · The future of self-driving carsJul 31
Amazon reports its biggest revenue growth in four years, sending the stock soaring 15%, while Apple shares fall 7% as a 'one hundred-year flood' of a chip shortage constrains supply.