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Unusual Whales Pod Ep. 24: FEDERAL PAUSES RATE HIKES, The US Dollar Currency Dominance, Liquidity, and Refunding the Treasury

Unusual Whales

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The Fed's Response to the Macro Data Suggests That It's Moving It Along More Substantially

The question is whether or not the fed will respond to the macro data in line with what it's telling them and so far they have been very hesitant because of concerns about that. The s&p 500 is down 50 basis points but we are not close to the type of asset price adjustment that typically is necessary to create a meaningful slowing in the economy, he says. "It's just that the fed's not two steps behind perfect"

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