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Buy the Dip is Dead (EP.288)

Animal Spirits Podcast

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Do You Think the Fed Is Lying About Their Forecast?

Paul Sracic: Does it feel like the Fed is lying about their forecast just because it's like a parent lying to a child? He says they're so closely accomplishing their target, I don't mean to get into 2%. The minute they start to ease up on the rhetoric a little bit, the market flies undoing a lot of the work that they've done. Sracics: Let in 3 million people right now who are willing to work these jobs that apparently some other people don't want to work. Is that not this solution? But isn't that what he's more or less saying to Congress, let more people in the country?

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