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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 Fed's Mistake to Not See Housing Inflation as a Permanent Indicator

Housing and rentals are up double digit, but that was not being reflected in the CPI. So housing enters with a lag. And again, it was the Fed's mistake not to see that the inflation was going to be way more permanent because of the housing inflation. "All we do is to increase the probability of a problem with the financial system," he says.

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