Remarks on the Valley

Remarks on the Valley

Remarks on the Valley Delivered to no one. Recorded for the record. Let’s talk about geography for a minute, because geography is not usually where the interesting monetary story…

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The Long End Isn't Buying It

The Long End Isn't Buying It

The Long End Isn't Buying It Kevin Warsh got his in-line CPI print on Wednesday. Headline 3.4%, down a tenth from June. Core 2.5%, softest since February. Every number landed…

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