Bullard Calms Markets: "Everything Needs To Be Perfect" For Fed 4 Rate Hikes
The pension funds, mainly. A five percent market return hurts, but is doable. There is not much he can do about congress, and treasury will dump another hundred billion in debt next.
Each of these become fractional bounds, ratio of integer. Narrow angle to make the turn, fed is in no position to help, some meeting of the elders soon.
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