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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 Data-Driven Policy

I fear that the Fed now realizes that they made a mistake keeping rates low for so long. Having zero rates of effectively, when we got robust economic growth, low unemployment, record high stock prices, what were they thinking? Well, I think now- Huge budget deficits too in the fiscal side. So now they're thinking, okay, well, we were late. They tried to talk this temporary thing for a long time until it was a joke. Now they've retired that. And I fear that they don't want to be early in exiting. What they're doing is thinking that they can solve the first mistake by a second mistake. It doesn't work that way. Like two negatives

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