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12/23/2020 2:49:43 PM GMT The dollar rallies on Tuesday... But the rally sure smells like yesterday's fish... Good day... And a Wonderful Wednesday to you! I realized it this morning as I typed the date, that I'm usually already on vacation and I don't recall the last time I wrote on December 23rd! So, you'll have to help me through today, for this is unchartered waters for me! HA! Another new book arrived yesterday, it's titled: Slanted, by Sharyl Attkisson, it's about how the media became so slanted/biased and worthless in my opinion... I'll save that one for the plane ride next week... Be...

2020 Lessons, 2021 Priorities -- this post authored by Mary C. Daly What lessons should we take from a difficult year - and what should our priorities be for 2021? Overcoming the harsh and uneven economic impacts of COVID-19 and returning to full employment and sustainable 2% inflation will be the Federal Reserve’s chief concerns. But success will require us to have confidence in the power of our tools. The following is adapted from a presentation by the president and CEO of the Federal Reserve Bank of San Francisco to the Arizona State University Economic Forecast Luncheon on December 1. H...