MacroVoices #361 Alex Gurevich: Jay Powell says, “Effects of tightening not yet felt.” Alex says, “No shit, Jay.”
Macro Voices
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Oil Futures - The Negative Predicting Power of Futures
"I've been actually talking in a while about how interest rate futures have a negative predicting power," he says. "What I'm trying to say is that my goal is not to be right about economics but to make money" He adds: "In which scenario to be wrong it has to be considerably down"
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