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ADT, FedEx, Emerge Energy, Approach Resources

What to Make of the Credit Cycle. Part 26. (Long Anxiety).

The FED sent bearish signals on Wednesday when Chairman Jerome Powell (i) lowered its GDP and headline inflation projections, (ii) committed to holding interest rates steady for “some time” and (iii) pumped the breaks on its balance sheet unwind.

Taken together, these actions reflect serious ca…

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