QOTD: Quote of the Day
Better Call Saul CNBC.

QOTD: Quote of the Day
Better Call Saul CNBC.
A year ago financial market pricing expected 2.4% inflation over the following 12 months.
— Jason Furman (@jasonfurman) July 14, 2022
We got 9.1% inflation.
So maybe financial markets are not omniscient.
In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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