Jim Devine wrote:

I wanted to add that from the Wall Street and banking perspective, all
that matters (as far as Fed policy goes) is having low inflation. They
don't care about unemployment. AG has delivered.

To be fair, AG let unemployment go below 5% in the late 1990s, and
again in 2005, and next to the European Central Bank, the Fed is
positively populist on growth.

Doug

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