Ep. 12: How IBD Called The Correction – And Where It May Go With Chris Gessel
Investing With IBD
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The Fed's New Operating Model Targets 2% Inflation
The fed is in the midst of changing their operating model. Instead of targeting 2% inflation They say we would like inflation to average 2% over time. The market hasn't bought into that and so that's a view that we have That's quite a bit different than the market. I think the yield curve is going to steepen a lot when they change policy. We've only touched 2% inflation twice over the last 10 years Right.
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