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The Looming Recession & The Muted Delight Of Janet Yellen's Epic Failure | Zero Hedge

Perhaps weak manufacturing, construction, and trade data are mere outliers.  Maybe the Fed can see beyond the fog to clearly capture the big picture.  Or maybe the Fed has lost its marbles.  Their outlook doesn’t jive with that of the regular working stiff.

One of the many delights in life is watching a public figure step up to the plate, pound their chest, let out a bellow, and fail spectacularly. In this regard, we may be witnessing an epic fail by Fed Chair Janet Yellen. For she may be hiking rates at the very moment the economy's entering recession.

Unfortunately, in this instance, the delight is muted by the destruction being heaved upon the broad populace.

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