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Dot Plot Fantasyland Projections

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Mish

Global Economic Analysis

Published : March 23rd, 2018

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Category : Opinions and Analysis


	The Economic projections made at today's FOMC meeting are straight from Fantasyland 4.75%-5.00% Interest Rates in 2020? That's what one economic clown believes. Did anyone bother to calculate interest on the national debt at even 4.00%? Judging from the dot plot, it appears the Fed is thinking about a recession or a perfect landing sometime in the "longer run". All this stuff is pure silliness.

Source : www.themaven.net

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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com

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