MUST-SEE: 8 Cartoons Highlighting the Rate Hike Absurdity

With the Fed decision fast approaching, we thought it prudent to reiterate the absurdity of hiking interest rates into an economic slowdown. Hedgeye CEO Keith McCullough will host Fed Day Live today at 2:10 p.m. to dissect the FOMC statement. (Join us this afternoon by clicking here. It's free!) 

 

Instead of running through all the data to support our #GrowthSlowing theme (yet again), here's a "best-of" visual representation of sorts from Hedgeye Cartoonist Bob Rich. Enjoy!   

 

1. yellen & Co. Are confused about economic growth...

MUST-SEE: 8 Cartoons Highlighting the Rate Hike Absurdity - Rate hike cartoon 11.30.2015

 

2. the fed has its own rosy economic projections...

MUST-SEE: 8 Cartoons Highlighting the Rate Hike Absurdity - Rate hike cartoon 11.06.2016

 

3. dEFLATION AND SLOWING GROWTH are "TRANSITORY"?

MUST-SEE: 8 Cartoons Highlighting the Rate Hike Absurdity - rate hike cartoon 11.05.2015

 

4. our own reality-based measures suggest otherwise...

MUST-SEE: 8 Cartoons Highlighting the Rate Hike Absurdity - Rate hike cartoon 11.27.2015

 

5. SO WE AUDITED THE FED'S OWN FORECAST NUMBERS...

MUST-SEE: 8 Cartoons Highlighting the Rate Hike Absurdity - fed tightening noose

 

6. AND WOULDN'T YOU KNOW IT, THEY'RE WRONG 70% OF THE TIME...

MUST-SEE: 8 Cartoons Highlighting the Rate Hike Absurdity - Rate hike cartoon 09.04.2015

 

7. THE RISK? THE FED TIGHTENS INTO A SLOWDOWN today...

MUST-SEE: 8 Cartoons Highlighting the Rate Hike Absurdity - Rate hike Grinch 12.03.2015

 

8. you know where we stand. we'll see what happens at 2pm...

MUST-SEE: 8 Cartoons Highlighting the Rate Hike Absurdity - rate hike cartoon 12.04.2015