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Unusual Whales Pod Ep 15: FOMC, 50bps, Powell, Inverted Yield and the Macro market heading into 2023

Unusual Whales

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We're Fighting the Last War

In a recession the economy produces less goods and services than before it's not growing in real terms. The appropriate policy response was always to cut rates but now we could have recessions as well again what if you just couldn't get enough materials or labor. Joseph, I think the Fed in some aspects is ahead of the market and thinking about this and that no one's never happens.

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