How much longer will the Fed keep tightening?

In Alt-Market, Brandon Smith writes,

Around three years ago, in September 2015, I wrote an article titled ‘The Real Reasons Why The Fed Will Hike Interest Rates‘ in which I predicted that the Federal Reserve, in the face of criticism, would soon pursue a program of interest rate hikes into economic weakness. I argued that this plan would be somewhat similar to what the Fed did in the early 1930’s; an action that prolonged the Great Depression for many more years. So far, my prediction has proven to be correct.

Smith believes that

The Fed Will Continue Tightening Until Everything Breaks

Read his thoughts here.

The Force does not exist

Niall Ferguson writes in the Boston Globe,

...no one has yet publicly admitted that the lords of finance have no clothes — or, at least, no working models. I suppose this is because the masters of the universe, as they make or lose their billions, need to believe that somebody is in charge and knows what they are doing, while the central bankers dare not set them straight. Imagine becoming a Jedi, only to discover that there’s no such thing as the Force. Scared you would be.

Read more here.