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JP has no responsibility and no leadership.

$iShares 20+ Year Treasury Bond ETF (TLT.US)$ JP dares not say anything that suppresses the market for fear of taking responsibility. He allows risky assets to rise, which will continue to drive inflation, but he doesn't think anyone will blame him for doing so. And he is even more afraid that his words will lead to slight recession. This is exactly the same as the failed policy in 2021. Trump may thank JP, and stagflation will occur at the end of the year.
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