Front-runner Clinton wins this tie. It’s not over: remember Romney’s first debate win in 2012.
The FOMC didn’t “blow itself up,” but threatens to in December. The BOJ seeks overshoot.
"God bless Lael Brainard,'' wrote Donald Luskin, chief investment officer of Trend Macrolytics, a reference to the Fed governor who recently offered a detailed speech of why the Fed shouldn't hike.
Friday was a warning shot for the Fed: you’re near an invisible tripwire connected to recession.
A freeze would only be a fig-leaf to hide lack of spare capacity. The US will be the winner.