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Fund Manager: The Federal Reserve's policy has not been effective, the decline in CPI is purely due to good luck

Fund Manager: The Federal Reserve's policy has not been effective, the decline in CPI is purely due to good luck

Bitget2024/02/06 07:42

The CEO of Smead Capital Management stated that the U.S. stock market is in a "very dangerous" situation, with non-farm employment data and wage growth "off the charts". The Federal Reserve's policy has not been effective. The decline in CPI is purely due to "good luck".

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