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Fed Minutes and Lame Duck Congress

While Wednesday may be a slow news day as investors and everyone else make final preparations for putting turkeys in the oven, for financial markets it is a big day as the Federal Reserve releases the minutes from the November Federal Open Markets Committee (FOMC) meeting.  As I have written before, the minutes act as a fact check on the Chair’s press conference held after each FOMC meeting.

The November meeting saw a toned down release from the Committee, but a hawkish Fed Chair.  Ho...

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