The languishing labor market has been the Fed’s path to peril, as I wrote yesterday in assessing how the Fed’s latest moves were perfectly predictable. I tried over the past year to lay out each step the Fed and the stock market would take together, and they followed those stepping stones like the Yellow Brick […]

The post I laid out a path of stepping stones for the Fed and stocks all year, and they couldn’t resist it every step of the way! appeared first on The Great Recession Blog.