Danielle DiMartino Booth
Dallas, Texas, United States
245K followers
500+ connections
About
Articles by Danielle DiMartino
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The Weekly Quill — Too Small to Not Fail
The Weekly Quill — Too Small to Not Fail
By Danielle DiMartino Booth
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The Weekly Quill — March Macro Madness
The Weekly Quill — March Macro Madness
By Danielle DiMartino Booth
Activity
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The Weekly Quill — The Fourth Quintile Prompts the Fourth Turning - QI Research "It won’t come from the extreme left or the far right. The Fourth…
The Weekly Quill — The Fourth Quintile Prompts the Fourth Turning - QI Research "It won’t come from the extreme left or the far right. The Fourth…
Shared by Danielle DiMartino Booth
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Federal Reserve's Rate Cuts Coming Too Late? Consumer Debt Crisis Looms — deep insights into Jerome Powell's delayed rate cuts, the looming consumer…
Federal Reserve's Rate Cuts Coming Too Late? Consumer Debt Crisis Looms — deep insights into Jerome Powell's delayed rate cuts, the looming consumer…
Shared by Danielle DiMartino Booth
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The Daily Father — Skyline Expressions Log in to read today's Feather from QI Research and Danielle DiMartino Booth — https://hubs.ly/Q02GH3Km0
The Daily Father — Skyline Expressions Log in to read today's Feather from QI Research and Danielle DiMartino Booth — https://hubs.ly/Q02GH3Km0
Shared by Danielle DiMartino Booth
Experience & Education
Volunteer Experience
Publications
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It's Stand and Deliver Time for Trump and Congress on Deregulation Via CNBC
CNBC
It's stand and deliver time for Trump and Congress on deregulation — Commentary by Danielle DiMartino Booth, founder of the consulting firm Money Strong LLC. She is also a former advisor to the president of the Dallas Fed and the author of "Fed Up: An Insider's Take on Why the Federal Reserve Is Bad for America" (Portfolio: February 2017). Follow her on Twitter @dimartinobooth.
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Fed Up: An Insider's Take on the Willful Ignorance and Elitism At the Federal Reserve
Portfolio (February 14, 2017)
An insider's unflinching expose of the toxic culture within the Federal Reserve.
In the early 2000s, as a Wall Street escapee writing a financial column for the Dallas Morning News. Booth attracted attention for her bold criticism of the Fed's low interest rate policies and her cautionary warnings about the bubbly housing market. Nobody was more surprised than she when the folks at the Dallas Federal Reserve invited her aboard. Figuring she could have more of an impact on Fed policies…An insider's unflinching expose of the toxic culture within the Federal Reserve.
In the early 2000s, as a Wall Street escapee writing a financial column for the Dallas Morning News. Booth attracted attention for her bold criticism of the Fed's low interest rate policies and her cautionary warnings about the bubbly housing market. Nobody was more surprised than she when the folks at the Dallas Federal Reserve invited her aboard. Figuring she could have more of an impact on Fed policies from the inside, she accepted the call to duty and rose to be one of Dallas Fed president Richard Fisher's closest advisors.
To her dismay, the culture at the Fed--and its leadership--were not just ignorant of the brewing financial crisis, but indifferent to its very possibility. They interpreted their job of keeping the economy going to mean keeping Wall Street afloat at the expense of the American taxpayer. But bad Fed policy created unaffordable housing, skewed incentives, rampant corporate financial engineering, stagnant wages, an exodus from the labor force, and skyrocketing student debt. Booth observed firsthand how the Fed abdicated its responsibility to the American people both before and after the financial crisis--and how nobody within the Fed seems to have learned or changed from the experience.
Today, the Federal Reserve is still controlled by 1,000 PhD economists and run by an unelected West Coast radical with no direct business experience. The Fed continues to enable Congress to grow our nation’s ballooning debt and avoid making hard choices, despite the high psychological and monetary costs. And our addiction to the "heroin" of low interest rates is pushing our economy towards yet another collapse.
This book is Booth's clarion call for a change in the way America's most powerful financial institution is run--before it's too late. -
The Sin of Commission
The Liscio Report
As a nation, do we want our young workers carrying so much debt that they can’t live on their own, that it’s hard for them to start families and do all the things young people do to support the economy, not to mention advance their own happiness? We think not.
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The Great Abdication
The Liscio Report
he business cycle is dead! Long live the business cycle!
Not too long ago, in a land not so far away, the business cycle was declared to be defeated. Policymakers at the Federal Reserve were credited with slaying the pesky beast that featured recessions as part of its nature. Such was the faith in the permanence of business cycle’s demise that the era was given its own label, The Great Moderation, a perfect world in which inflation ran not too hot or too cold and profit growth was…he business cycle is dead! Long live the business cycle!
Not too long ago, in a land not so far away, the business cycle was declared to be defeated. Policymakers at the Federal Reserve were credited with slaying the pesky beast that featured recessions as part of its nature. Such was the faith in the permanence of business cycle’s demise that the era was given its own label, The Great Moderation, a perfect world in which inflation ran not too hot or too cold and profit growth was accepted as the steady state. -
Foreclosures' Silver Lining: They Could Restrain Rent Inflaction
Dallas Fed Economic Letter
Rental inflation has surpassed historic levels despite a supply of housing that partly reflects a persistent inventory of foreclosed, vacant homes.
Other authors -
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The Fallacy of a Pain-Free Path to a Healthy Housing Market
Dallas Fed Research
In the mid-1990s, the public policy goal of increasing the U.S. homeownership rate collided with a huge leap in financial innovation. Lenders shifted from originating and holding mortgages to originating and packaging them for sale to investors. These new financial products enabled millions of Americans who hadn’t previously qualified to buy a home to become owners. Housing construction boomed, reaching a postwar high—9.1 million homes were built between 2002 and 2006, a period when 5.6 million…
In the mid-1990s, the public policy goal of increasing the U.S. homeownership rate collided with a huge leap in financial innovation. Lenders shifted from originating and holding mortgages to originating and packaging them for sale to investors. These new financial products enabled millions of Americans who hadn’t previously qualified to buy a home to become owners. Housing construction boomed, reaching a postwar high—9.1 million homes were built between 2002 and 2006, a period when 5.6 million U.S. households were formed. ; The resulting oversupply of homes presents policymakers with a formidable challenge as they struggle to craft a sustainable economic recovery. Usually a driver of economic recoveries, the housing market is foundering as an engine of growth. ; Generations of policymakers since the 1930s have sought to increase the homeownership rate. By the late 1960s, it had reached 64.3 percent of households, remaining there through the mid-1990s, in apparent equilibrium with household formation during a period of sustained U.S. economic growth. A fresh push to increase ownership drove the rate up 5 percentage points to its peak in the mid-2000s. Home price gains followed the rate upward.
Other authors -
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Fed policy in the financial crisis: arresting the adverse feedback loop
Dallas Fed Economic Letter
An adverse feedback loop takes hold when a weakening financial system and a slowing economy feed off each other. A crisis or shock curtails lending, hobbling the real economy; the more production and employment falter, the more lending contracts. ; Arresting the adverse feedback loop could prove to be the seminal challenge of early 21st century monetary policymaking. Since sounding the alarm in January 2008, the Fed has taken a series of actions--many unprecedented--to prevent additional damage…
An adverse feedback loop takes hold when a weakening financial system and a slowing economy feed off each other. A crisis or shock curtails lending, hobbling the real economy; the more production and employment falter, the more lending contracts. ; Arresting the adverse feedback loop could prove to be the seminal challenge of early 21st century monetary policymaking. Since sounding the alarm in January 2008, the Fed has taken a series of actions--many unprecedented--to prevent additional damage to financial markets and restore lending activity. These policies have had some success in loosening the grip of the adverse feedback loop and may have finally positioned the economy for growth. Still, doubts linger. The risk remains that the actions may prove insufficient to put the economy on a clear path to rising employment and stable prices.
Other authors -
Projects
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Fed Up: An Insider's Take on the Willful Ignorance and Elitism At the Federal Reserve
An insider's unflinching expose of the toxic culture within the Federal Reserve.
In the early 2000s, as a Wall Street escapee writing a financial column for the Dallas Morning News. Booth attracted attention for her bold criticism of the Fed's low interest rate policies and her cautionary warnings about the bubbly housing market. Nobody was more surprised than she when the folks at the Dallas Federal Reserve invited her aboard. Figuring she could have more of an impact on Fed policies…An insider's unflinching expose of the toxic culture within the Federal Reserve.
In the early 2000s, as a Wall Street escapee writing a financial column for the Dallas Morning News. Booth attracted attention for her bold criticism of the Fed's low interest rate policies and her cautionary warnings about the bubbly housing market. Nobody was more surprised than she when the folks at the Dallas Federal Reserve invited her aboard. Figuring she could have more of an impact on Fed policies from the inside, she accepted the call to duty and rose to be one of Dallas Fed president Richard Fisher's closest advisors.
To her dismay, the culture at the Fed--and its leadership--were not just ignorant of the brewing financial crisis, but indifferent to its very possibility. They interpreted their job of keeping the economy going to mean keeping Wall Street afloat at the expense of the American taxpayer. But bad Fed policy created unaffordable housing, skewed incentives, rampant corporate financial engineering, stagnant wages, an exodus from the labor force, and skyrocketing student debt. Booth observed firsthand how the Fed abdicated its responsibility to the American people both before and after the financial crisis--and how nobody within the Fed seems to have learned or changed from the experience.
Today, the Federal Reserve is still controlled by 1,000 PhD economists and run by an unelected West Coast radical with no direct business experience. The Fed continues to enable Congress to grow our nation’s ballooning debt and avoid making hard choices, despite the high psychological and monetary costs. And our addiction to the "heroin" of low interest rates is pushing our economy towards yet another collapse.
This book is Booth's clarion call for a change in the way America's most powerful financial institution is run--before it's too late.
Languages
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English
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Spanish
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Organizations
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Global Interdependence Center
Member and Speaker
https://www.interdependence.org/
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National Association for Business Economics
Policy Conference Planner
More activity by Danielle DiMartino
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"…the biggest risk at this point is that he gets whiplash. We don’t see small, little incremental moves in the unemployment rate anymore. It turns…
"…the biggest risk at this point is that he gets whiplash. We don’t see small, little incremental moves in the unemployment rate anymore. It turns…
Shared by Danielle DiMartino Booth
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The Weekly Quill — More than Another BRIC in the Wall - QI Research Log in now to your QI Pro account for the latest long-form report…
The Weekly Quill — More than Another BRIC in the Wall - QI Research Log in now to your QI Pro account for the latest long-form report…
Shared by Danielle DiMartino Booth
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The Weekly Quill — “I will sell this house today!” A Housing Downturn is Set to the U.S. Recession - QI Research https://hubs.ly/Q02Fbnr70
The Weekly Quill — “I will sell this house today!” A Housing Downturn is Set to the U.S. Recession - QI Research https://hubs.ly/Q02Fbnr70
Shared by Danielle DiMartino Booth
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"At QI Research we started to look at the data with a one-month lag…looking at the data through the prism of what is being recorded in real-time has…
"At QI Research we started to look at the data with a one-month lag…looking at the data through the prism of what is being recorded in real-time has…
Shared by Danielle DiMartino Booth
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The Daily Feather — Happy National Anisette Day! Are you in the minority who covets the black jellybeans? Savor a shot of anisette instead! It just…
The Daily Feather — Happy National Anisette Day! Are you in the minority who covets the black jellybeans? Savor a shot of anisette instead! It just…
Shared by Danielle DiMartino Booth
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Start your day with The Daily Feather. Retail investors, institutional investors, traders and hedge funds utilize the timeliness of the Feather to…
Start your day with The Daily Feather. Retail investors, institutional investors, traders and hedge funds utilize the timeliness of the Feather to…
Shared by Danielle DiMartino Booth
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"…Household balance sheets are just a train wreck. It's not mortgage debt, but right now the average American family's paying more in non-mortgage…
"…Household balance sheets are just a train wreck. It's not mortgage debt, but right now the average American family's paying more in non-mortgage…
Shared by Danielle DiMartino Booth
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"The onus really is on the producers of the food to begin to bring some of these prices down. If they want to be more competitive, they can surely do…
"The onus really is on the producers of the food to begin to bring some of these prices down. If they want to be more competitive, they can surely do…
Shared by Danielle DiMartino Booth
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The Weekly Quill — Can Investors Finally Pull the Plug on Deception? A Primer on Private Capital Markets - QI Research https://hubs.ly/Q02DwBcP0
The Weekly Quill — Can Investors Finally Pull the Plug on Deception? A Primer on Private Capital Markets - QI Research https://hubs.ly/Q02DwBcP0
Shared by Danielle DiMartino Booth
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"The housing price data is not problematic enough for the Fed because we know that housing is weakening enough that a year from now we're gonna talk…
"The housing price data is not problematic enough for the Fed because we know that housing is weakening enough that a year from now we're gonna talk…
Shared by Danielle DiMartino Booth
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"Overall though, one of my greater concerns is credit cards. I think banks have been a little bit more aggressive, surprising me, as the U.S…
"Overall though, one of my greater concerns is credit cards. I think banks have been a little bit more aggressive, surprising me, as the U.S…
Shared by Danielle DiMartino Booth
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Start your day with The Daily Feather. Retail investors, institutional investors, traders and hedge funds utilize the timeliness of the Feather to…
Start your day with The Daily Feather. Retail investors, institutional investors, traders and hedge funds utilize the timeliness of the Feather to…
Shared by Danielle DiMartino Booth
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"…We don’t need to create more oli gopalies in the United States of America. We need to let the market set interest rate policy and let the…
"…We don’t need to create more oli gopalies in the United States of America. We need to let the market set interest rate policy and let the…
Shared by Danielle DiMartino Booth
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"…first, the CARES Act and then another stimulus bill. And then when Biden came into office, yet another stimulus bill. More and more and more…
"…first, the CARES Act and then another stimulus bill. And then when Biden came into office, yet another stimulus bill. More and more and more…
Shared by Danielle DiMartino Booth
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"…here we sit contemplating a non-banking sector globally that is somewhere around $240tn and struggling with the fact with what we call the…
"…here we sit contemplating a non-banking sector globally that is somewhere around $240tn and struggling with the fact with what we call the…
Shared by Danielle DiMartino Booth
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"If only we could just as simply numb the pain the data docket is inflicting…" Log in to The Daily Feather — #QIResearch https://hubs.ly/Q02CLZQq0
"If only we could just as simply numb the pain the data docket is inflicting…" Log in to The Daily Feather — #QIResearch https://hubs.ly/Q02CLZQq0
Shared by Danielle DiMartino Booth
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By The Time US Presidential Election Is Near, Fed Will Be In A Rate Cutting Mode: QI Research Global Outlook | We see India and Mexico as relative…
By The Time US Presidential Election Is Near, Fed Will Be In A Rate Cutting Mode: QI Research Global Outlook | We see India and Mexico as relative…
Shared by Danielle DiMartino Booth
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