Markets Still Fooled as Fed Plays “Let’s Pretend” – Ep. 86
Short week closed with some horribly bad news People are not paying attention to the data; they are paying attention to the Fed Government released revision to the GDP: -.7 The assumption of deflation is cooked into the number Most Q2 data is weak Q1 Corporate profits plunged by 5.9% JP Morgan announced 5,000 layoffs […]
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