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Fed Hikes, Defying Markets, Trump As Dot Plot Shifts, 2019 Growth Projected Lower

Jerome Powell did not "feel the market."

Jerome Powell did not "feel the market."
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3 comments on “Fed Hikes, Defying Markets, Trump As Dot Plot Shifts, 2019 Growth Projected Lower

  1. that long range prediction indicator symbol looks ominously similar to a hand with a raised middle digit

  2. I like Powell. He’s smart and a regular guy. He is not a politician and he’s not trying to gaslight anyone. His days as head of the Fed are numbered.

  3. Harvey Cotton

    The market doesn’t price in anything. The Eurodollar may as well flow into Vegas and price in that the ball will go red on the next turn on the roulette wheel because black is now the most crowded long trade on the planet. You can compare the dots from people who actually vote to determine the Federal funds rate from last year and see that they don’t know what they will do one year from the next, much less people – with no vote and no influence – who bet on what will happen in 2020. They are all casino bets. Pure froth.

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