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Weekly Points – June 14th, 2024 – 5 Things to Know in Investing This Week – The Fed Has No Idea What It’s Doing Issue

I wish I were making this up, but Jerome Powell actually acknowledged the Fed doesn’t have high confidence in its own forecasts. In fairness, we don’t have confidence in their forecasts either. DKI pointed that out in a recent monthly letter where we detailed how inaccurate even near-term Fed forecasts have been. Past that, there … Read more

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