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| Graph #1 |
- The secondary market knows what the Fed will do ahead of time?
- The Fed raises rates based on the secondary market rate?
- Pure coincidence?
- Other?
CNN, 9 January 2024, has Trump saying "I don’t want to be Herbert Hoover." CNN adds: "The US
stock market crashed during former President Herbert Hoover’s first year in office in 1929, which
signaled the beginning of the Great Depression." See my work on the Trump Depression
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| Graph #1 |
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