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Value After Hours S05 E16: Cam Harvey on 10-3 Inversions, Recession Risk, False Signals and the Fed

The Acquirers Podcast

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The Importance of Economic Forecasting

In 1965, an economist at the Federal Reserve noticed a cyclical pattern in the yield curve. He put together a model that he thought could do as well or better than econometric services. The next day his division was laid off and he had to collect his stuff from the bottom of the building before he could present it to senior people. "To know what's going to happen in real GDP is so important for copper"

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