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A few days ago, Neel Kashkari, president of the Minneapolis Fed, told an attendees at an event at Howard University that Wall Street is "forgetting the lessons of the 2008 financial crisis":
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In his latest podcast, Peter Schiff said we are basically enjoying the calm before the storm right now.
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In his latest podcast, Peter Schiff said we are basically enjoying the calm before the storm right now.
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While Philly Fed's headline index marginally beat expectations, under the hood, things are not so promising as Prices Paid surged to 7 years highs and Prices Received did not (crushing margins).
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While President Donald Trump celebrates gains in the economy as job numbers rise, a prominent banking executive is warning investors that the Federal Reserve may have to take "drastic action" to combat massive inflation that is to come.
