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The Worst of the Eurodollar Downturn is Still Ahead [Ep. 286, Eurodollar University]

Eurodollar University

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Is the Federal Reserve Trying to Decipher the Mainstream Narrative?

Jeffrey Toobin: Even the b l s does not get its data from the i r s. He says a t p said, we're going to go back and just redo everything. And they did. They rewrote the entire series. Their bench marked private payroll data goes back to only two thousand nine rather than two thousand one,. But still very different numbers. Very different everything. So what we should expect this year is the federal reserve to tighten, reduce economic activity because god forbid we have a robust labor market that's producing wage gains. We don't want that.

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