Larry Summers Thinks Economic Forecasts Are Like Airports: ‘They Say It’s Leaving At 7:30. Then They Say…’ – Vanguard Total Bond Market ETF (NASDAQ:BND), SPDR S&P 500 (ARCA:SPY)
Former Treasury Secretary Lawrence H. Summers believes it will take a long time to get inflation down to where the Federal Reserve wants it to be and that it would be a little more sustained than expected. “The labor market is strong and we are still in unprecedented territory in terms of the gap between vacancies and jobs. What that tells … Read more