bullish
Weekly Stock Bullfinder - Week of 12/19
SUMMARY
- “Fed economic projections published December 2021: In 2022 the Fed funds rate will be less than 1% & GDP growth will be 4%.
- In December 2022 the Fed funds rate is now 4.25% and 2022 GDP growth they now show is at 0.5%. Why is anybody still listening to these people?
- Nobody is asking for perfection which is impossible, but the Fed has again, and they've done this multiple times including last year with inflation, produced forecasts not even remotely close to reality. Their forecasts are meaningless with zero predictive value.
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