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To: Gen.Blather

Call your financial adviser.


121 posted on 01/17/2022 11:19:23 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: usconservative

That’s Juan Manteiga at Oppenheimer. I have a call in to him and this thread has had some influence.

Some years ago the Department of Homeland Security wanted to set up an options market where people could buy and sell related to terrorist events. The idea was that the law of large numbers would allow the “market” to more accurately predict when and where such events would occur. It raised such an uproar that they had to cancel the idea. But I think it was sound and this thread, in the aggregate, is probably an accurate forecast of what the Fed will do. (Three to four very small adjustments, but nothing major. They’re trying to affect the market by barking loudly and thus cooling the “irrational exuberance.”) I’ll probably come back and revisit the entire thread later.


125 posted on 01/17/2022 11:26:53 AM PST by Gen.Blather
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