Behind The Markets Podcast: Peter Lazaroff
Behind the Markets Podcast
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Is the Fed Getting It?
I think unemployment is probably headed for 4%. Yes, I do hope that productivity growth can rebound. That could keep profits higher inflation lower and maintain corporate profits. If we put a 20p e, which I think is a new long term normal on 225, we get what? 4500 for the S&P.That's a good 10% gain from the current data. But again, I think we need signs that the Fed is getting it and seeing the low inflation and the dangers of waiting too long. Well, we appreciate all your comments. Let's look into next week and see how it goes.
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