#199: The Fed vs the Markets
Talking Data
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What Does the Market Think?
In 2022, it's been more likely that the market comes to the Fed. The Bank of America fund manager survey has 68% of professional managers saying that we'll be in recession next year. So what does the market think? The economy is going to turn south and the employment is going to go up. And therefore the Fed will respond to weaker real economic growth by cutting rates.
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