Beware of robber banks (RB), bad advisors.
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The Fed’s economic forecasts are all over the map, a sign of how uncertain these times are
The Federal Reserve’s economic outlook isn’t so much pessimistic as it is uncertain, with expectations running a wide gamut from a plodding recovery to a sharp rebound. If that sounds a lot like the market lately, it’s probably not a coincidence. Following its two-day meeting earlier this week, the Fed released its Summary of Economic Projections for GDP, unemployment, inflation and interest rates. The estimates largely reflected the current unprecedented downturn followed by expectations for varying levels of growth ahead. Specifically on GDP, which measures goods and services produced and is the broadest ... (full story)
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Market is not random but unpredictable
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Confucius: the man who broke the mountain was the same man who started ...
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Beware of robber banks (RB), bad advisors.
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Confucius: the man who broke the mountain was the same man who started ...
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