The Maradona & Cantillon Effects:
2022 — The Year of The Fed!
Will the Maradona Effect be pivotal to the Fed’s monetary policy playbook in 2022? Over 25 years ago, when Diego Maradona overcame five defenders to score one of the most memorable goals in World Cup history, he did it by running virtually in a straight line. How? It all came down to expectations: he was expected to run to the left or right. As we look to the year ahead, we suggest that the Fed may take a similar approach…
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