Al Michaels famously shouted "Do you believe in miracles?" when the amateur US hockey team beat the USSR pro hockey team in a semi-final round of the 1980 Winter Olympics.
I'm shouting it today because I actually got this Morning Sixpack out before noon!
I do believe in miracles!
In other news, the economy grew its fastest in 2021 since the Reagan era. Of course, the Fed will be taking their punchbowl home now and will be raising interest rates.
If you don't get the punchbowl reference, click this.
Its origin in policy circles dates to William McChesney Martin, the longest-serving Fed chairman who held the position from 1951-70. The Fed’s role, Martin said, was to act as a “chaperone who has ordered the punchbowl removed just when the party was really warming up.” The statement delineated the cautionary role the Fed should be playing when it spots signs of excess.
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Make it a great day!
Bill
🍺 PS - Buy me a beer to keep the Daily Grind News open for business!
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