The Great Posen/Ryding Debate

Adam Posen, the president of the Peterson Institute for International Economics, and John Ryding, RDQ Economics' chief economist, agree to disagree on the past, present and future for Fed Chair Yellen and other bankers. Prior to that, David Folkerts-Landau, Deutsche Bank's chief economist, says the Fed will lead the way against market dangers through gradual rate increases and careful communication. Megan Greene, Manulife Asset Management's chief economist, says the Fed's painted into a corner in terms of shrinking its balance sheet. Finally, Louise Yamada, a market analyst at Louise Yamada Techresearch, says a near-term correction isn't in the horizon.

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