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Planet Yelnick

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Robert Prechter

The hardest job.

Being a Federal Reserve Governor can’t be very much fun.  In the past three years there have been several “firsts”
and a number of admissions of ignorance:
•    Twelve Discount Rate cuts in a row with no improvement in the economy.
•    Fourteen consecutive unchanged risk statements (weakness) from December 2001 to January 2002.
•… Continue reading