A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006. Now a Popeyes fast food restaurant on Google Maps.

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“Dear autocorrect. It’s never duck. It’s NEVER duck” (6/14)
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Entry from December 18, 2015
“Dread the Fed”

The Federal Reserve (frequently called “the Fed”) is the central banking system of the United States. “Should we dread the Fed?” was asked in a 2009 book.
Irwin Kellner, the Chief Economist at MarketWatch, wrote “Like the hike, and don’t dread the Fed” on March 17, 2015. David Stockman, a former director of the Office of Management and Budget, wrote “Sell The Bonds, Sell The Stocks, Sell The House —–Dread The Fed!” on December 18, 2015.
“Don’t fight the Fed” is another saying about the Federal Reserve.
Wikipedia: Federal Reserve System
The Federal Reserve System‍—‌also known as the Federal Reserve or simply as the Fed‍—‌is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, largely in response to a series of financial panics, particularly a severe panic in 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded, and its structure has evolved. Events such as the Great Depression in the 1930s were major factors leading to changes in the system.
Google Books
Here’s What You Do!
Your Economic Survival Guide

By Robert D. Beadles
Bloomington, IN: iUniverse
Pg. V:
Chapter 6 Should we dread the Fed?
Why dread the Fed?  Audit it!! http://bit.ly/cEvqm4
10:49 PM - 10 May 2010
William Loudon
Markets Dread the Fed http://yhoo.it/Yltbgz  #politics
6:07 AM - 23 Feb 2013
Fisher InvestmentsVerified account
Don’t dread the Fed—QE’s end likely gives stocks some unexpected sizzle http://www.marketminder.com/a/fisher-investments-fedishizing/09ab490b-adeb-4d9f-8702-a9f305e67c3c.aspx
9:44 AM - 20 Jun 2013
Opinion: Like the hike, and don’t dread the Fed
By Irwin Kellner, Chief Economist
Published: Mar 17, 2015 8:30 a.m. ET
PORT WASHINGTON, N.Y. (MarketWatch) — Now repeat after me: I will not panic just because the Federal Reserve is likely to start pushing interest rates higher.
Once again, Wall Street is on tenterhooks, worried that the Fed is getting ready to pull the trigger and raise interest rates for the first time since June 2006. Denizens of the Street of Dreams will parse every word that emanates from this week’s Federal Open Market Committee meeting to see if it contains any clues regarding when rates are likely to rise.
David Stockman’s Contra Corner
Sell The Bonds, Sell The Stocks, Sell The House —–Dread The Fed!
by David Stockman • December 18, 2015
There is going to be carnage in the casino, and the proof lies in the transcript of Janet Yellen’s press conference. She did not say one word about the real world; it was all about the hypothetical world embedded in the Fed’s tinker toy model of the US economy.

Posted by Barry Popik
New York CityBanking/Finance/Insurance • Friday, December 18, 2015 • Permalink

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