Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The Rabid Capitalist remains skeptical of the recent market rally. Underlying factors, including high risk asset values, interest rates and inflation, can derail the Fed-easing expectation that appears to have driven the rebound. September 18, the second day of the next FOMC meeting, will test the market.
A superficial inspection of the public equity market would engender confidence. It looks like a rebound.
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The Rabid Capitalist 
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