they misread the upcoming inflation in 2021; & when Feds raised the rates in 2022, economists miscalculated the odds of a recession in 2023; so much that they are not even talking anything in 2024, as they are running out of potential plots .. for the next movie ..!
Sunday, January 7, 2024
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although a quarter point cut is announced which is what was expected, but thinking about about fewer cuts next year ..market dropped 4.2% fr...
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