Chris Hayes

@chrislhayes ↗

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Last Checked Jan. 23, 2023

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Thu Jan 12 16:25:35 +0000 2023

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Chris Hayes @chrislhayes

If you're just looking at the price level, things are very encouraging! Instead they're viewing the stock market and unemployment rates as proxies, and, particularly with regards to the former, have locked themselves into a weird battle of wills with investors. — PolitiTweet.org

Posted Jan. 12, 2023

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Chris Hayes @chrislhayes

Stipulating I'm not saying anything new, nor have any special expertise, there's a very weird dynamic with the Fed right now. It's clear they're not just looking at the price level, as is their mandate, but rather Wall St / and labor markets. — PolitiTweet.org

Posted Jan. 12, 2023

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Chris Hayes @chrislhayes

So you get this weird thing where cool CPI prints --> buoyed markets --> Fed feeling the need to crack down and speak and act even more hawkishly. It's a weird game theory kind of dynamic. Extra-ironically markets seem to have priced this in a bit today so no big rally. — PolitiTweet.org

Posted Jan. 12, 2023