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less 1y ago

Doom and gloomers thwarted by Powell and the FOMC.

No recession in sight.

Inflation *control* less relevant.

Definitely a dovish press conference.

Risk on, imho.

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Discussion

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Financial Parasites 1y ago

Short dated treasuries are soaking up all the liquidity from the markets. Feds just looking to crash the markets.

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BitLo 1y ago

Thanks Jeff!

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Diego Valley 1y ago

2% inflation ‘target’ is dead

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BitLo 1y ago

Looks like some shorts have been getting their faces ripped off this afternoon post-Powell presser.