Monday, December 18, 2023

Daily Economic Update: December 18, 2023

 "We will continue to ignore political and economic forecast, which are an expensive distraction for many investors and businessmen."

"In each case, we pondered what the business was likely to do not what the Dow, the Fed, or the economy might do."

            -Warren Buffett (two separate quotes)

Sure there was the BoJ and we've got economic data, including PCE and there will be Fedspeak, but this week we're going to ignore the noise.  

This is the only X/Twitter Thought of the Day I'll post for the week.  I think it illustrates Wednesday to Friday of last week fairly well. 

For the remainder of the week, you'll get one quote/excerpt a day from whatever books I have laying around.

XTOD: Kyla Scanlon  @kylascan How the Fed Navigates Uncertainty through Lovebombing
https://twitter.com/i/status/1735772930175373430

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