Don’t Feel Bullied by the Stock Rally
What Goes Up
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I'm a Vegetarian, but Not Everyone Knows Me.
Vildano: I think there is a lot of misinterpretation of Powell's comments and the words that get blast across headline news versus some of the underlying content. The Fed has not wavered from their very clear communication around a 2% target, he says. Vildano: We came into 2023 with the expectation that to create the demand destruction necessary for real price stability we were headed north of five. Our best bet was five and a quarter and I think as we're all starting to see some strong data, it will continue to be higher than that.
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