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The Fed Won't Get their Soft Landing | Jim Bianco

Forward Guidance

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The Importance of Forecasting Experiences

GDP now cast is kind of a pejorative word There's forecast right a forecast is Tell you what I think is going to happen then there's backcast and that's telling you what has happened now. It's been happening for six months already American Express has already told us that go to the airport last week and the airport was pretty full. Even though the tsa throughput the amount of travelers is at 90 percent of where it was.

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