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Is the Fed facing the Tinbergen problem? Bill O'Grady, Chief Market Strategist, looks at a challenge shaping up for the Federal Reserve known to economists as the Tinbergen problem--whether encouraging employment by keeping interest rates low might contribute to encouraging risky investment that could lead to a stock market bubble.
Podcasts from Confluence Investment Management LLC, featuring the periodic Confluence of Ideas series, as well as two bi-weekly series: the Asset Allocation Bi-Weekly and the Bi-Weekly Geopolitical Report (new episodes posted on alternating Mondays).