Dot Plot Distortion: Market Moves Away From the Fed

The transcript discusses the US economic expansion, low interest rates, and their impact on markets. It highlights the challenges in economic communication and the credibility of the Federal Reserve. The discussion also covers inflation, real wages, and employment issues, emphasizing the public's distrust in the establishment.

What are the current unemployment rate and core inflation rate in the US as mentioned in the text?

How does the text describe the impact of low and negative interest rates on the housing market?

What is the significance of the red line mentioned in the context of market trends?

What concerns are raised regarding real wage growth in the context of the current economic situation?

Why do people not trust the Fed's credibility according to the text?