As we should have expected, today was a follow-on reaction to Jerry and his FOMC yesterday. And while all me seem lost for now, let's taker some time today to visit with the ghosts of December FOMCs past. Do you need a reminder of what the FOMC and Jerry had planned for last year at this time? How about 2018? Do you remember that one? Let's discuss all of that today.
So here you go. Here's the SEP from the FOMC, dated December 19, 2018. What do you see? What was their forecast? How did the stonk market respond? And what happened by June of 2019?...
