S4 E3: FOMC - Master Magicians of Misdirection or Monetary Con Artists?
Failed to add items
Add to basket failed.
Add to wishlist failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
S4 E3: FOMC - Master Magicians of Misdirection or Monetary Con Artists?
-
Narrated by:
-
By:
Summary
Send us Fan Mail
The US FOMC is playing the ole Shell Game with this past week's "SEP"!
Where is the Pea? (AKA US Consumer Final Demand Growth)
Shell One: Inflation NO HIGHER than 3% this year, 2.5% in 2027, and 2.2% in 2028.
Shell Two: Nominal GDP Growth of +5.2% in 2027.
Shell Three: NO Change in Unemployment Rate 4.4%, same in 2027 and 2028 (but maybe on tick higher to 4.5%), either way reflects virtually NO impact from AI.
Wild Card: Fed envisions a top-end Fed Funds Rate of FOUR PERCENT (3.9%) next year, based on growth in “real” GDP to 3% or higher!
There is NO PEA to be found…The Fed’s narrative is overly optimistic, an expert misdirection, yes. But one that flirts with the realm of being a “con”!
Either way…the Fed only wants, and needs, you to believe that the PEA IS THERE to be FOUND!
Support the show
https://twitter.com/money_podcast
Money, Markets & New Age Investing Podcast
@money_podcast
https://instagram.com/age_of_polarization_investing
Money, Markets & New Age Investing Podcast
https://www.facebook.com/profile.php?id=100094931703462
Money, Markets & New Age Investing Podcast
https://www.youtube.com/@GregoryWeldon
https://www.youtube.com/@MoneyMarketsNewAgeInvestingPod
Our YouTube Channels