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Podcast: The Schaftlein Report
Episode: Schaftlein Report | Is the Economy as Strong as it appears?
Description: 1) Inflation as measured by the Consumer Price Index is up 5.4% - Jerry discusses if will be lasting or Transitory as Fed officials lead us to believe 2) The Fed announced a reduction in bond buying of $15B per month starting this month and concluding around May 2022 *They have been buying $120B of bonds and mortgages a month - Why not taper further and just stop while the economy appears to be running hot? *60% of Investors say the Fed should stop buying bonds 3) Interest rates remain low (10 year at 1.5%) despite having added 500K jobs last month...