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On last week’s podcast, I had the opportunity to interview Jared Dillian, author of the professional investing newsletter “The Daily Dirtnap” and a writer for Mauldin Economics, as well as Marc Chandler of Brown Brothers Harriman (BBH), a specialist on currencies.
First, before I get to the discussion with the two guests: We heard from our co-host, Professor Jeremy Siegel, who was surprised that U.S. Federal Reserve (Fed) Chair Janet Yellen was giving the all-clear that the Fed would raise interest rates ahead of March 10’s key employment rate figure. He speculated that Yellen had received a preview that the data would be strong. The only worry on Professor Siegel’s mind regarding the current market environment was a drop in oil prices last week.1 If market participants worry that the Fed might be tightening too fast, he said it could show up in commodities and oil prices first, and weakness in oil this week was a troubling sign to him, if it were to continue.
We then covered a number of topics with Dillian, including:
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