2min chapter

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Fed Chair Powell Says Goodbye To Era Of Easy Money | Jim Bianco & Joseph Wang

Forward Guidance

CHAPTER

The Reverse Wealth Effect

The reverse wealth effect is in play definitely for some folks. A lot of stocks have just been cut in half or cut in fourths. When you have a producer price index at 30%, you got a Titan policy, right? You would think. What else are you going to do?

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