Monday, 13 January 2014

Fed - Chart of the Day - Fed lost for words?

"Whatever words we utter should be chosen with care for people will hear them and be influenced by them for good or ill." - Buddha 

Lost for words definition from the Urban dictionary -  "You talk nonstop, but fail to convey your thoughts/emotions effectively".

As aptly demonstrated by Deutsche Bank Torsten Slok, Chief International Economist, in his latest US January outlook, the Fed's balance sheet is not the only inflating item, with the latest FOMC statement at almost 900 words.

The below graph says it all.

Another manifestation of the "Cantillon" effect? We wonder when the Fed will start "tapering" its FOMC statement. Oh well...

"Action speaks louder than words but not nearly as often." - Mark Twain 

Stay tuned!

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