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More data sets are lining up to indicate that the economy is weakening and yet the market has been rallying.
My view is the lag effects of the rapid rise in the FED funds rate still have not fully shown themselves in the economy.
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More data sets are lining up to indicate that the economy is weakening and yet the market has been rallying.
My view is the lag effects of the rapid rise in the FED funds rate still have not fully shown themselves in the economy.