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David Rosenberg questions Treasury market views on inflation
David Rosenberg raises questions about the Treasury market's view on inflation linked to potential leadership changes. He suggests that the market may not favor the odds of Warsh over Hassett due to perceived differences in handling inflation.
Rosenberg's apprehension regarding market interpretations of policy and leadership shifts is consistent with his ongoing skepticism toward official economic narratives. His recent assessments on inflation expectations parallel his earlier critique of the reliability of reported GDP data, as outlined in his analysis questioning the accuracy of the latest GDP figures amid muted disposable income growth.
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