The fanfare that has preceded this week’s upcoming FOMC meeting has been uniquely extraordinary. Don’t let the bullish market magicians’ patter distract you from the real outcome. The bulls have a secret. They don’t really want the bears to know what’s happening! The bears are right… …Inflation is stubbornly elevated, …The job market is weakening, …Tariffs are a drag on economic growth, …The deficit is at record highs and growing, …Geopolitical tensions with the world's
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