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If you are interested, we are having a holiday sale. You can check it out here: https://www.eurodollar.university/sales-page-1 The FOMC and its dots. Stocks took them one way, bonds another. After pounding higher-for-longer all year, suddenly officials just gave up on it like nothing. That's a bit curious already. We need to understand what lower rates really mean, both in the marketplace and why the Federal Reserve (and others) are suddenly in agreement with bonds.
Eurodollar University's Money & Macro Analysis Jay Powell Speech December 1, 2023 https://www.federalreserve.gov/newsevents/speech/powell20231201a.htm Jay Powell Press Conference December 13, 2023 https://www.federalreserve.gov/mediacenter/files/FOMCpresconf20231213.pdf FOMC SEP - the December dots https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20231213.pdf Twitter: https://twitter.com/JeffSnider_EDU https://www.eurodollar.university RealClearMarkets Essays: https://bit.ly/38tL5a7 #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #stocks #retirement |