- One of the most memorable "Seinfeld" episodes is "The Soup Nazi" where Yev Kassem demands a strict regimentation from his patrons.
- Yesterday, in what is likely to become one of the most memorable FOMC meetings, Jay Powell decided to play the role of Yev Kassem.
- This time, the strict regimentation comes in the form of what is likely to be the most aggressive tightening cycle we've seen since the mid-late 2000s.
- Only problem is, we are playing the role of the master's patrons: Jerry, George and particularly Elaine who end up with no soup and a ban for a year.
For further details see:
No 'Fed Put' For You!