James F. Booth

For more than 25 years, James Booth has provided consulting and legal services to telecommunications carriers and to enterprise companies that manage their own telecommunications networks. Since June of 2009 he has also served as General Counsel of Spread Networks, LLC, which is the industry leader in the construction and operation of low latency high speed networks. Before joining Spread he was General Counsel for OnFiber Communications, a competitive telecommunications provider, and was the sole attorney for Qwest Communications International in support of its construction of an 18,800 mile fiber optic network spanning the United States. Earlier he was lead counsel for U S WEST in its wireless and cable television ventures in the United States, Europe and Hong Kong.

Thursday, October 15, 2015

Surprising Fed paper drops a dovish bombshell

Among the biggest questions for financial markets this year has been when the Fed would finally move away from stimulative, ultralow interest rate targets.
But what if those ultralow targets aren't actually stimulative at all? What if, instead, the Fed's current policies are actually contractionary?
That's the surprising case made by a recent paper from the San Francisco Federal Reserve.