The tweet was deleted by the author.
But we saved everything 🙂.
James E. Thorne questions the current approach of the Federal Reserve, pointing to its role in the U.S. fiscal situation.
He asserts that the central bank should support economic growth without automatically assuming it will drive up inflation, emphasizing that recent data supports a distinction between the two outcomes.
View post on X Loading...
Thorne has previously noted that Micron trades at less than 7× 2027 consensus earnings as the market questions the long-term impact of AI on durability. In an earlier commentary, he discussed how a potential Iran deal could boost oil supply, lower prices, and influence Federal Reserve policy decisions. These remarks add context to his latest view on the Fed’s approach to supporting growth.