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The 'New Weird' and the Terror of the In-Between

The Breakdown

00:00

Fed Tightening

The Fed's 75 basis point rate hike didn't really matter to investors, but the feds acknowledgment for how long these market conditions were likely to remain. They insist that labor must come down for there to be any hope of getting inflation under control. The question is, what if it's not? Whatever the case, markets seem increasingly to believe something in the financial sector is likely to break before the labor market does.

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