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Markets’ Federal Reserve Love Story

LAGUNA BEACH – The morning drive to my 11-year old daughter’s school is always fun, and often a source of insight. That was certainly the case last week when she pointed out something about Frozen, the hugely popular Disney film, that had totally escaped me. “It’s unusual,” she said, “to see a Disney movie in which they end up telling us not to marry someone we’ve just met.”

Quite early on in the movie, Princess Anna meets Prince Hans at her sister Princess Elsa’s coronation ball. They immediately connect on many levels and, yes, “fall in love.” He quickly proposes, and she accepts, but Elsa refuses to give her blessing.