Outlook vs Outcome, Preempting vs Reacting

(1) Did you get the Fed’s latest memo? (2) Here’s the message again: We are in no rush to raise rates. (3) Reacting to outcomes rather than preempting outlooks. (4) Pandemic changed Fed’s reaction function. (5) Forward-looking vs backward-looking guidance. (6) Powell’s latest super-dovish interview. (7) Redefining a recovery. (8) Powell’s latest spin on asset bubbles and the Archegos incident. (9) Is Powell channeling Greenspan’s 2008 shocking admission? (10) Another Great Inflator? (11) Clarida explains it all. (12) QE4ever by the numbers. (13) Q1 earnings season by the numbers.