Caroline Baum is an economics columnist at MarketWatch and formerly was a writer for Bloomberg and Dow Jones. Today, she joins the show to discuss how she became a financial journalist as a non-economics major as well as her recent columns on monetary policy and what Treasury bond yields are predicting about the future. She also shares her thoughts on why the debt ceiling should be abolished. Finally, Caroline and David discuss Jerome Powell and Fed leadership in the age of Trump. David\u2019s blog: macromarketmusings.blogspot.com Macro Musings podcast site: macromusings.com David\u2019s Twitter: @DavidBeckworth Caroline Baum\u2019s MarketWatch archive: https://www.marketwatch.com/topics/journalists/caroline-baum Caroline Baum\u2019s Twitter: @cabaum1 Related links: \u201cBonds are from Venus; Stocks are from Mars\u201d by Caroline Baum https://www.marketwatch.com/story/bonds-are-from-venus-stocks-are-from-mars-2017-11-14?mg=prod/accounts-mw \u201cIt\u2019s Time to Get Rid of the Debt Ceiling\u201d by Caroline Baum https://www.marketwatch.com/story/its-time-to-get-rid-of-the-debt-ceiling-2017-09-07 \u201cFed Flunks Econ 101: Understanding Inflation\u201d by Caroline Baum https://www.marketwatch.com/story/fed-flunks-econ-101-understanding-inflation-2017-10-18 \u201cThe Federal Reserve is Peddling \u2018Tinkering Economics\u2019 " by Caroline Baum https://www.marketwatch.com/story/the-federal-reserve-is-peddling-tinker-bell-economics-2017-09-19