My title references the 1993, Bill Murray movie of the same name, where Murray plays an egotistical, obnoxious weatherman assigned to cover Punxsutawney Phil’s annual winter trip out of his burrow … very demeaning stuff. The problem for Murray’s character, Phil Connor (how ironic, another Phil) is that he becomes trapped in a time warp….
Tag: Lift off
Session 139–Three, Two, One … Lift-Off! Rising Interest Rates?
“Lift-Off” is the next ‘big thing’. It is a term the talking heads are giving to the potential future rise in interest rates that will occur when the Federal Reserve begins the process of ‘normalizing’ rates. This nomenclature, “Lift-Off”, is straight out of the NASA and the Space Program and connotes a launching, a rapid…