@steveliesman fed minutes: there seemed a high concern that GDP was above expected. Crazy to me the central bank is concerned about better than expected GDP. My question: is the fed insisting on 2% even if it causes recession? Market is happy with 3-4%
@BeckyQuick Warren Buffet has famously said “there are no called strikes”. With 7% inflation there are 10 year compounding called strikes. (Obviously assuming a status quo of inflation) Next Buffet interview I’d love to hear thoughts on this, particularly with high valuations currently.
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