Wednesday, November 1, 2017

Fed Officially Goes Carlyle

God's favor for The Carlyle Group's co-founders continued with President Trump's appointment of another Carlyle alumus for Federal Reserve Chair, Jerome Powell.  As they turn their politically connected private equity underwriter (PEU) over to younger hands they will have two friends working on the macroeconomic scene.  The irony is the last few decades have been tilted toward the greed and leverage boys and not the average citizen.