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The Basic Problem With the Federal Reserve

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We had to wait five years. But it turns out our suspicion that the Federal Reserve is clueless, at best, is true. We know because we read it in The New York Times. Welcome to another Friday the 13th… Where if things aren’t exactly scary, they’re definitely surreal. The Fed…

Markets Seen and Unseen

Markets Seen and Unseen

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When we hear people talk about the “tale of two economies,” we expect to find them referring to the Wall Street vs. Main Street match up. An important one, to be sure. Or maybe they’re comparing the economies of two different countries or regions; one healthy, the other moribund.

Markets…