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Tax-free prices are unchanged as Fed fails to ease on data. (The Municipal Market)Monsarret, Sean
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Fed’s long-held target of 2% to declare victory. But Powell presented a twist: policymakers are now concerned more about theU.S.employment situation. “As the labor market has cooled and inflation has declined, the risks to achieving our employment and inflation goals continue to move into ...
It means we can laugh at rumors that the Fed’s cheap credit brought on the crisis. We can laugh even harder at the claim that Fed monetary pumping will ensure an even greater disaster down the road. And we can save our biggest laughs for that lucky guesser, Peter Schiff, whose knowledg...
loop gain - (telecommunication) the gain of a feedback amplifier or system as a function of how much output is fed back to the input; "if the loop gain is too great the system may go into oscillation" 4. gain - the amount by which the revenue of a business exceeds its cost of ope...
And remember, this is before the tax break, so your personal return would likely be higher! CEF Discounts, Unsuspecting Fed Will Drive Future Gains But that’s the past. What can we expect from our muni-bond CEFs from here? Well, we’ve got two things working in our favor: Our CEFs’...
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