Core PCE has been stubbornly consistent around 4% due to the strong services and wages components. All other inflation indicators are showing inflation coming down. As I […]
Core PCE has been stubbornly consistent around 4% due to the strong services and wages components. All other inflation indicators are showing inflation coming down. As I […]
People want an authority to tell them how to value things. But they choose this authority not based on facts or results. They choose it because it seems authoritative and familiar and I am not and have never been familiar – Michael Burry, The Big Short
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