Fed will not raise until till mid 2017 at the earliest

It does not serve the educational purpose of this blog to make a bare prediction without explication. We’re not in the fortune telling business.

I have been reticent about markets also because I have skin in the game. But this is just too juicy.

The Fed won’t raise until 2017, where 2017 is to be taken as the greatest lower bound of “t”, the start date of the open interval.