What if 2023 is not the reset investors are pining for?
Party-poopers point to the risk of a Fed pivot turning out to be more of a plateau before more rate increases.
Source: afr.com
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The use and abuse of inflation history
PRINCETON — George Santayana famously observed that, “Those who cannot remember the past are condemned to repeat it.” But allow me to offer a corollary: Those who misremember the past may be led into error by misreading history.
Source: jordantimes.com
No Surprise: Wall Street Wants To Raise The Target Inflation Rate Above 2 Percent
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
The use and abuse of inflation history
PRINCETON — George Santayana famously observed that, “Those who cannot remember the past are condemned to repeat it.” But allow me to offer a corollary: Those who misremember the past may be led into error by misreading history.
Source: jordantimes.com
No Surprise: Wall Street Wants to Raise the Target Inflation Rate above 2 Percent
Price inflation in the United States remains stubbornly high, with October's print at 7.7 percent. The Fed's preferred measure, so-called core inflation is only two-tenths of a percent below 40-year highs, at 6.3 percent.
Source: mises.org