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Get Used to 4% Inflation and 4 5% Interest Rates, Says Jim Bianco

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Manage episode 423365987 series 3261719
Content provided by Arbor Research & Trading, Arbor Research, and Amp; Trading. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Arbor Research & Trading, Arbor Research, and Amp; Trading or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Jim Bianco’s conclusions from today’s Fed meeting: - “get used to 3-4% inflation & 4-5% interest rates” - no signs of U.S. recession… the theory that the actual labor market is weaker than official payrolls is WRONG (Powell referenced this theory today) - with stock market at all-time highs, it’s clear that the Fed hasn’t broken anything yet - much more! Recorded this afternoon (June 12) shortly after conclusion of Fed Chair Jay Powell’s press conference.

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430 episodes

Artwork
iconShare
 
Manage episode 423365987 series 3261719
Content provided by Arbor Research & Trading, Arbor Research, and Amp; Trading. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Arbor Research & Trading, Arbor Research, and Amp; Trading or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Jim Bianco’s conclusions from today’s Fed meeting: - “get used to 3-4% inflation & 4-5% interest rates” - no signs of U.S. recession… the theory that the actual labor market is weaker than official payrolls is WRONG (Powell referenced this theory today) - with stock market at all-time highs, it’s clear that the Fed hasn’t broken anything yet - much more! Recorded this afternoon (June 12) shortly after conclusion of Fed Chair Jay Powell’s press conference.

  continue reading

430 episodes

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