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fed vice chair. richard clarida is out of the running. betty: we are watching for the fed news. we continue to watch the gains in the equity markets. i want to pull up a chart that basically everyone can go home, right? what i mean by that is that already with the record rise we have seen in the s&p, a lot of these year-end targets are already being blown out of hsbc, morgan stanley, bank of america. already being reached. everyone can go home, they have made their money, right? [laughter] yvonne: i guess so. it was interesting in that it has been four days but it really feels like 40 days in how much we have gained in the last couple of days in 2018. big question is will we see a revision higher from analyst or are things good as it is or are there for the risks ahead? betty: that might have been what hung over the markets today. let s pull of the boards on where we end up for u.s. trades. a mixed trade. the markets trying to eek out. the s&p by 2/10 of 1%. the dow e ....
so, in thinking about this event and in what we wanted to accomplish here, what we set out to do was to have larry summers make the case why we should think about this, have a number of very experienced monetary economists who have views about what we should do, think about what we should do. in this panel, the question was, could we get some people to some very different points of view, to talk about, what difference does this really make? is this worth the energy we spend on it and to whom does it matter? so we have a deliberately diverse panel. john taylor from stanford, well-known for his taylor rule, thinking about monetary policy for a long time. christian forbes from mit, until recently on the monetary policy committee of the bank of england, correct me if i am wrong, you never had a chance to raise rates, is that right? right. you tried. peter hooper chief economist of deutsche bank securities and writing about the relationship between the fed and the cong ....
what we should do. in this panel, the question was, could we get some people to some very different points of view, to talk about, what difference does this really make? is this worth the energy we spend on it and to whom does it matter? so we have a deliberately diverse panel. john taylor from stanford, well-known for his taylor rule, thinking about monetary policy for a long time. christian forbes from mit, until recently on the monetary policy committee of the bank of england, correct me if i am wrong, you never had a chance to raise rates, is that right? right. you tried. peter hooper chief economist of deutsche bank securities and writing about the relationship between the fed and the congress only briefly mention this morning but is relevant given after the federal reserve exists because congress created it. as we know legs, what congress created it can take away, sarah and her colleague have a book out called the myth of independence tracing the history t ....
by the brookings institution center on fiscal and monetary policy, an hour and 45 minutes. so, in thinking about this event and in what we wanted to accomplish here, what we set out to do was to have larry summers make the case why we should think about this, have a number of very experienced monetary economists who have views about what we should do, think about what we should do. in this panel, the question was, could we get some people to some very different points of view, to talk about, what difference does this really make? is this worth the energy we spend on it and to whom does it matter? so we have a deliberately diverse panel. john taylor from stanford, well-known for his taylor rule, thinking about monetary policy for a long time. christian forbes from mit, until recently on the monetary policy committee of the bank of england, correct me if i am wrong, you never had a chance to raise rates, is that right? right. you tried. peter hooper chief economis ....
by the brookings institution center on fiscal and monetary policy, an hour and 45 minutes. so, in thinking about this event and in what we wanted to accomplish here, what we set out to do was to have larry summers make the case why we should think about this, have a number of very experienced monetary economists who have views about what we should do, think about what we should do. in this panel, the question was, could we get some people to some very different points of view, to talk about, what difference does this really make? is this worth the energy we spend on it and to whom does it matter? so we have a deliberately diverse panel. john taylor from stanford, well-known for his taylor rule, thinking about monetary policy for a long time. christian forbes from mit, until recently on the monetary policy committee of the bank of england, correct me if i am wrong, you never had a chance to raise rates, is that right? right. you tried. peter hooper chief economis ....