Wednesday, June 08, 2016

No Live-Long-And-Prosper Here: U.S. Fed In A No Win Scenario

The U.S. Fed is facing a Kobayashi Maru - so best to bet on gold

Friday's disappointing U.S. non-farm payrolls number highlights what RBC Capital Markets considers the Federal Reserve's Kobayashi Maru. Drawing on the similarities to the infamous no-win scenario that was part of training in the Star Trek universe, Canadian equity strategist Matthew Barasch admits he has no idea what the Fed will do. However, he noted that harsh…