We believe in a smarter, safer approach to investing—one that puts protecting against the downside first.
In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate.
— U.S. Federal Open Market Committee, June 14, 2017
The 24-hour news cycle requires a constant stream of headlines, and the more profound the headlines, the greater the potential audience. That is why the news often leads with “a baby caught in a well” or something similar.
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