◀ The Principal Blog

Posts by Bob Baur, Chief Global Economist, Principal Global Investors

What the Fed Said, or, What You Heard Isn’t What I Meant



I know you think you understand what you thought I said, but I’m not sure you realize that what you heard is not what I meant. Alan Greenspan said it, but it certainly captures what current Fed chairman, Ben Bernanke, has to be thinking. In his efforts to be open and transparent, Bernanke has…

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Tiptoe through the Taper – A Novelty Song by ‘Big Ben’ Bernanke



Several Fed presidents, and “Big Ben” Bernanke himself, have been spending the last week or so trying to convince markets that their program of quantitative easing isn’t on the immediate chopping block and that any eventual tapering would be contingent on continued economic…

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