Check out the accompanying pdf and chart collection. (1) Forward earnings continue to lead S&P 500 to record highs. (2) Another crisis, another opportunity for politicians. (3) MMT on steroids and speed. (4) A guide to sausage making in DC. (5) Will moderate Democrats avert a progressive onslaught? (6) Powell’s inflation dashboard missing some dials. (7) Different measures of inflationary expectations show different readings. (8) Powell admits progress has been made, but continues to accentuate the negatives in the jobs market.
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