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Bloomberg/Rich Miller and Mike Dorning/12-20-2021
“The U.S. economy will spend 2022 learning to live with the coronavirus without much in the way of help from the Federal Reserve or the federal government — especially with the derailing of President Joe Biden’s $1.75 trillion spending plan.”
USAGOLD note: So where do we go from here? Stocks took a major turn to the downside when the realization hit that things had changed – perhaps radically. Moody’s Mark Zandi put it well: “It’s like landing the economic plane on the tarmac in a storm that at points has a 100-mile-an-hour headwind and at other points a 100-mile-an-hour tailwind.”
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