Why is the incoming Biden economic team set up with the new Treasury Secretary Janet Yallen at the forefront bad news for the US business environment? Here's the former Fed advisor Danielle DiMartino Booth's take. She claims the Fed and the Treasury have already been too close and it looks like they are getting even closer.

Danielle DiMartino Booth is the CEO and Chief Strategist for Quill Intelligence LLC, a research and analytics firm, former Advisor to Federal Reserve of Dallas President and author of various publications including the book “Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America”.

Danielle DiMartino Booth set out to launch a #ResearchRevolution, redefining how markets intelligence is conceived and delivered with the goal of not only guiding portfolio managers, but promoting financial literacy. To build QI, she brought together a core team of investing veterans to analyze the trends and provide critical analysis on what is driving the markets – both in the United States and globally.

Since inception, commentary and data from DiMartino Booth’s The Daily Feather have appeared in other financial sources such as Bloomberg, CNBC, Fox Business, Institutional Investor, Yahoo Finance, The Wall Street Journal, MarketWatch, Seeking Alpha, TD Ameritrade, TheStreet.com, and more.

A global thought leader on monetary policy, economics and finance, DiMartino Booth founded Quill Intelligence in 2018. She is the author of FED UP: An Insider’s Take on Why the Federal Reserve is Bad for America (Portfolio, Feb 2017), a full-time columnist for Bloomberg View, a business speaker, and a commentator frequently featured on CNBC, Bloomberg, Fox News, Fox Business News, BNN Bloomberg, Yahoo Finance and other major media outlets.

Prior to Quill, DiMartino Booth spent nine years at the Federal Reserve Bank of Dallas where she served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. Her work at the Fed focused on financial stability and the efficacy of unconventional monetary policy.

Danielle DiMartino Booth began her career in New York at Credit Suisse and Donaldson, Lufkin & Jenrette where she worked in the fixed income, public equity, and private equity markets. DiMartino Booth earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.

To sign up for her daily newsletter, The Daily Feather, please go to www.quillintelligence.com

This is the 'Too Close and Getting Even Closer - Danielle DiMartino Booth' clip from the interview, which was recorded on January 12, 2020. The printed version of this talk will be published in 'Finance Manager', the leading business weekly magazine in Slovenia.

Links:
Danielle DiMartino Booth, interviewee: www.quillintelligence.com,   / dimartinobooth  

Bostjan Usenik, interviewer & producer of the channel:   / bostjanusenik  

Photo courtesy: Danielle DiMartino Booth