
Why the Latest Economic Report is a Rorschach Test
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Federal Reserve Decision and Economic Outlook
The chapter examines the Federal Reserve's decision on interest rates and the implications for borrowers, particularly in the mortgage industry. It also discusses insights on inflation rates, the S&P 500 performance, AI-driven companies in the stock market, small cap funds, the May employment report, contrasting economic perspectives, the K-shaped recovery, and the effects of high inflation.
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