The Pomp Letter
The Pomp Letter
The Federal Reserve Is Sitting On The Sidelines Right Now And Politicians Have Taken Control
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The Federal Reserve Is Sitting On The Sidelines Right Now And Politicians Have Taken Control

To investors,

The Federal Open Market Committee meeting is finishing up today and Fed Chairman Jerome Powell is expected to share a public statement this afternoon. During an economic recession, you would expect these meetings and public statements to be the obsession of millions of financial market participants around the world.

That is not what appears…

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