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Schwab Network

Hatfield: Fed are ‘Terrible Forecasters,’ Expect Summer Rally

8 min23 april 2025

Jay Hatfield is constructive on markets now that he argues Scott Bessent has taken the wheel on trade. He says it’s “fine to do nothing” if you’re a long-term investor, or do some “dollar cost averaging.” He thinks the Fed are “terrible forecasters” and looks to the money supply to read the tea leaves on inflation.


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