3 ordspråk av Joel Kent

Joel Kent

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The market traded off once Greenspan began speaking and said nothing on the economy.

It was a great number, no question about it. The worst-case scenario (now) is that the Fed only goes once. Going into this number, people thought the Fed would have to go three times. Now they can move slowly.

This is a new paradigm. The fact that we have higher productivity has allowed the U.S. economy to grow more and grow more rapidly without triggering the usual inflation pressures.

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