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        <title><![CDATA[Charles Lieberman - Chief Invsmt Officer/Co-Founder]]></title>
        <description><![CDATA[Charles Lieberman is chief investment officer and founding member at Advisors Capital Management LLC. He may have a stake in the areas he writes about.]]></description>
        <link>https://www.bloomberg.com/authors/ABsmcUDA864/charles-lieberman</link>
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        <copyright><![CDATA[Copyright 2026 BLOOMBERG L.P. ALL RIGHTS RESERVED]]></copyright>
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        <item>
            <title><![CDATA[There’s a Lot to Like About Stocks at Record Highs]]></title>
            <description><![CDATA[As long as the economy is healthy, profits keep growing, and inflation and interest rates remain in check, the bull market should continue.]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-04-24/stocks-at-record-highs-hold-a-lot-of-appeal</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Wed, 24 Apr 2019 09:30:19 GMT</pubDate>
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                <media:description>382055 03: A bronze sculpture of a bull is displayed on Broadway in the financial district November 14, 2000 in New York City. The sculpture began as a practical joke by Italian sculptor Arturo di Modica, who originally placed it in front of the New York Stock Exchange building in the middle of the night. The NYSE promptly removed the bull and eventually placed it on Broadway. (Photo by Chris Hondros/Newsmakers)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The Positives Now Outweigh the Negatives for Stocks]]></title>
            <description><![CDATA[It won’t take much for equities to react positively if earnings only meet expectations rather than beat them. ]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-01-07/stock-market-turmoil-there-s-a-lot-to-be-bullish-about</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Mon, 07 Jan 2019 12:00:20 GMT</pubDate>
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                <media:description>NEW YORK - OCTOBER 07: A bronze statue of a bull fighting with a bear is displayed at the Museum of American Finance October 7, 2008 on Wall St. in New York City. An affiliate of the Smithsonian Institution and located in the former headquarters of the Bank of New York, the museum serves as a financial education center. Exhibitions include a history of U.S. currency, ticker tape from the &apos;Great Crash&quot; of October 29, 1929 and a section of the 1858 Trans-Atlantic cable. (Photo by Spencer Platt/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The Bull Case For Stocks Is Compelling]]></title>
            <description><![CDATA[An economic slowdown might actually extend the life of the expansion and the bull market in equities.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-12-13/markets-in-turmoil-the-bull-case-is-compelling</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Thu, 13 Dec 2018 11:00:22 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iqH2y1lFE_6g/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>382055 03: A bronze sculpture of a bull is displayed on Broadway in the financial district November 14, 2000 in New York City. The sculpture began as a practical joke by Italian sculptor Arturo di Modica, who originally placed it in front of the New York Stock Exchange building in the middle of the night. The NYSE promptly removed the bull and eventually placed it on Broadway. (Photo by Chris Hondros/Newsmakers)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[A Looming Bear Market in Stocks? Don’t Bet on It]]></title>
            <description><![CDATA[Protracted downturns largely occur when the economy lapses into recession, yet most economists don't see that happening until 2020, if then. ]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-10-12/stocks-crash-is-a-bear-market-looming</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Fri, 12 Oct 2018 17:00:16 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iVLMb3RogzBY/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iVLMb3RogzBY/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>SPA, BELGIUM - AUGUST 26: Fernando Alonso of Spain driving the (14) McLaren F1 Team MCL33 Renault launches over the top of Charles Leclerc of Monaco driving the (16) Alfa Romeo Sauber F1 Team C37 Ferrari at the start during the Formula One Grand Prix of Belgium at Circuit de Spa-Francorchamps on August 26, 2018 in Spa, Belgium. (Photo by Mark Thompson/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[S&P 500's Run at Record Lacks Animal Spirits]]></title>
            <description><![CDATA[Valuations suggest investors are more fearful than complacent.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-08-08/stock-markets-reflect-too-much-fear</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2018-08-08/stock-markets-reflect-too-much-fear</guid>
            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Wed, 08 Aug 2018 11:00:16 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i79ZfrlOCcSs/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i79ZfrlOCcSs/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>circa 1935: &apos;Harpo&apos; Marx (1888 - 1964), the silent member of the Marx Brothers, the American comedy team. (Photo by Hulton Archive/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The U.S. Economy Deserves a Lot More Credit]]></title>
            <description><![CDATA[Interest rates are likely to work their way higher and the yield curve will continue to flatten, which shouldn’t be troubling.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-07-23/the-u-s-economy-deserves-a-lot-more-credit</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Mon, 23 Jul 2018 11:00:14 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/igFtyOLktKFM/v2/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/igFtyOLktKFM/v2/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>A tight labor market will keep the economy humming.</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The Stock Market's Reaction to Earnings Is All Wrong]]></title>
            <description><![CDATA[None of the excuses to explain the malaise in equities amid strong profits hold water. ]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-05-09/stock-market-reaction-to-corporate-earnings-is-all-wrong</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2018-05-09/stock-market-reaction-to-corporate-earnings-is-all-wrong</guid>
            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Wed, 09 May 2018 11:00:09 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ihZvKWmGVYjc/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ihZvKWmGVYjc/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>Pedestrians pass the Charging Bull statue near the New York Stock Exchange (NYSE) in New York, U.S., on Friday, March 9, 2018. U.S. stocks rose while Treasuries fell as the latest labor report showed the American economy continued to strengthen without the prior month&apos;s rapid wage gains that stoked inflation fears.</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Markets Are Underestimating the Fed]]></title>
            <description><![CDATA[The recent acceleration in inflation poses significant risks to the current slow normalization approach.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-05-02/markets-are-underestimating-the-fed</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Wed, 02 May 2018 11:00:44 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iNuewmt4OoRk/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iNuewmt4OoRk/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>Jerome Powell, chairman of the U.S. Federal Reserve, talks during the International Monetary Fund Committee (IMFC) plenary session at the spring meetings of the International Monetary Fund (IMF) and World Bank in Washington, D.C., U.S., on Saturday, April 21, 2018. The IMF said this week the world&apos;s debt load has ballooned to a record $164 trillion, a trend that could make it harder for countries to respond to the next recession and pay off debts if financing conditions tighten.</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Heed the Data, Not What Fed Officials Say]]></title>
            <description><![CDATA[Policy makers are being pushed in the direction of more or faster interest-rate increases.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-03-21/the-fed-is-being-pushed-toward-faster-rate-hikes</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Wed, 21 Mar 2018 10:00:21 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iiRop8PSOVnk/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>The Marriner S. Eccles Federal Reserve building stands in Washington, D.C., U.S., on Friday, Nov. 17, 2017. Federal Reserve officials reinforced expectations this month for a December interest-rate increase by subtly upgrading their assessment of the U.S. economy. Photographer: Andrew Harrer/Bloomberg via Getty Images</media:description>
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        </item>
        <item>
            <title><![CDATA[Investors Should Fear a Steeper Bond Yield Curve]]></title>
            <description><![CDATA[A widening gap between short- and long-term rates is not necessarily a good sign.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-03-01/investors-should-fear-a-steeper-bond-yield-curve</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Thu, 01 Mar 2018 11:30:05 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i5XAdwll2tyk/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i5XAdwll2tyk/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>PHILLIP ISLAND, AUSTRALIA - FEBRUARY 19:  Valentino Rossi of Italy and the Yamaha Gauloises Team in action during the official MotoGp winter test session in preparation for the 2005 MotoGp Championship at the Phillip Island Circuit on February 19, 2005 at Phillip Island, Australia.  (Photo by Robert Cianflone/Getty Images)</media:description>
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        </item>
        <item>
            <title><![CDATA[Five Fed Rate Hikes in 2018 Isn't A Crazy Idea]]></title>
            <description><![CDATA[Economic conditions are ripe -- even overripe -- for inflation to accelerate.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-02-21/five-fed-rate-hikes-in-2018-isn-t-a-crazy-idea</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Wed, 21 Feb 2018 10:00:26 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iBMOHl.sfyjU/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iBMOHl.sfyjU/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>WASHINGTON - JANUARY 22:  The Federal Reserve building is seen January 22, 2008 in Washington, DC. The Fed cut its benchmark interest rate by three-quarters of a percentage point after two days of tumult in international markets due to fear of a recession in the United States.  (Photo by Chip Somodevilla/Getty Images)</media:description>
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        </item>
        <item>
            <title><![CDATA[Faster Jobs Growth Wouldn't Help the Economy]]></title>
            <description><![CDATA[Jobs data show that fiscal stimulus is untimely and that the Fed needs to keep to its plans for rate increases.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-02-02/faster-jobs-growth-wouldn-t-help-the-economy</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Fri, 02 Feb 2018 16:43:10 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iJ_vqxNx5xBA/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iJ_vqxNx5xBA/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>WASHINGTON, DC - NOVEMBER 28:  Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC. Powell will succeed Janet Yellen to be the next Federal Reserve Board chairman if confirmed by the Senate.  (Photo by Alex Wong/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The Overlooked Economics of Trump's Tax Law]]></title>
            <description><![CDATA[The reduction in tax rates is a benefit, but the stimulus provisions will widen the deficit.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-01-19/the-overlooked-economics-of-trump-s-tax-law</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Fri, 19 Jan 2018 12:00:21 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iD_f3CAkX2m4/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iD_f3CAkX2m4/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>WASHINGTON, DC - DECEMBER 22:  U.S. President Donald Trump holds up a copy of legislation he signed before before signing the tax reform bill into law in the Oval Office December 22, 2017 in Washington, DC. Trump praised Republican leaders in Congress for all their work on the biggest tax overhaul in decades.  (Photo by Chip Somodevilla/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Stop Misreading U.S. Job Scene: It's Tight and Getting Tighter]]></title>
            <description><![CDATA[Fed Chair Jerome Powell should look beyond wrongheaded arguments and get monetary policy back to neutral.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-01-04/stop-misreading-u-s-job-scene-it-s-tight-and-getting-tighter</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Thu, 04 Jan 2018 15:29:04 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ilk9KopBARaI/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>A &quot;Now Hiring&quot; brochure for home health aides is displayed during a New York Career Fairs event in New York, U.S., on Thursday, Dec. 7, 2017. The U.S Department of Labor is scheduled to release initial jobless claims figures on December 21. Photographer: Sarah Blesener/Bloomberg</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Fed and Bond Investors Face a Rude Awakening]]></title>
            <description><![CDATA[More rate hikes could become a necessity as the increased cost of labor brings higher prices.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-12-12/fed-and-bond-investors-face-a-rude-awakening</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Tue, 12 Dec 2017 16:44:14 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ii37xwrwAeFk/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ii37xwrwAeFk/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>WASHINGTON - DECEMBER 16:  Flags fly over the Federal Reserve Building on December 16, 2008 in Washington, D.C. The Fed began its last meeting of 2008 today, where it is expected to announced another reduction in the key interest rate, amongst other measures meant to stimulate the economy.  (Photo by Mark Wilson/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Untimely Fiscal Stimulus Is a Bond Nightmare]]></title>
            <description><![CDATA[The tax-cut package could boost inflation, prompting faster rate hikes by the Fed.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-12-05/untimely-fiscal-stimulus-is-a-bond-nightmare</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Tue, 05 Dec 2017 16:35:59 GMT</pubDate>
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                <media:description>A concrete freeway structure ends abruptly with iron support structures sticking out and safety rails lining the top edge until further construction is continued, USA (Photo by Visions of America/UIG via Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Keep Calm and Stop Worrying About 'Bondmaggedon']]></title>
            <description><![CDATA[A flattening or inversion of the yield curve is a weak predictor of recession.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-11-15/keep-calm-and-stop-worrying-about-bondmaggedon</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Wed, 15 Nov 2017 10:00:45 GMT</pubDate>
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                <media:description>The Cahill Expressway is the first true freeway constructed in Sydney, Australia.[1] It starts from the Eastern Distributor and Cross City Tunnel in Woolloomooloo, and runs through a series of sunken cuttings and tunnels between the Royal Botanical Gardens and The Domain. It then runs on an elevated section across the northern edge of the Sydney CBD at Circular Quay, and then across the Sydney Harbour Bridge to North Sydney. Saturday 19th June 2012. (Photo: Steve Christo) (Photo by Steve  Christo/Corbis via Getty Images)</media:description>
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        </item>
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            <title><![CDATA[Bull Market in Stocks Is Justified by Earnings]]></title>
            <description><![CDATA[Third-quarter profits and revenues rose faster than expected, and the economy is performing better than forecast.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-10-30/bull-market-in-stocks-is-justified-by-earnings</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Mon, 30 Oct 2017 10:00:35 GMT</pubDate>
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                <media:description>TOPSHOT - A car gets towed while men walk in the flooded waters of Telephone Rd. in Houston, Texas on August 30, 2017.Monster storm Harvey made landfall again Wednesday in Louisiana, evoking painful memories of Hurricane Katrina&apos;s deadly strike 12 years ago, as time was running out in Texas to find survivors in the raging floodwaters. / AFP PHOTO / Thomas B. Shea        (Photo credit should read THOMAS B. SHEA/AFP/Getty Images)</media:description>
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            <title><![CDATA[Taylor Is Questioning His Own Rule]]></title>
            <description><![CDATA[A candidate to be Fed chairman recently acknowledged that circumstances might cause the Fed to deviate from the guidelines' prescriptions.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-10-20/taylor-is-questioning-his-own-rule</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Fri, 20 Oct 2017 15:53:48 GMT</pubDate>
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                <media:description>John Taylor, professor of economics at Stanford University, speaks at the Mortimer Caplin Conference on the world economy at the National Press Club in Washington, D.C., U.S., on Monday, Oct. 11, 2010. Exchange rates dominated the International Monetary Fund&apos;s annual meeting as Treasury Secretary Timothy F. Geithner, People&apos;s Bank of China Governor Zhou Xiaochuan and their counterparts split over whose policies are the biggest threat to the world economy. Photographer: Andrew Harrer/Bloomberg via Getty Images</media:description>
            </media:content>
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        <item>
            <title><![CDATA[Shiller’s Ratio Flunks at Predicting Stock Performance]]></title>
            <description><![CDATA[Equities are still the place to invest, assuming investors can handle the greater volatility compared with bonds.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-10-10/cape-has-a-dismal-record-as-predictor-of-stock-performance</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Charles Lieberman]]></dc:creator>
            <pubDate>Tue, 10 Oct 2017 16:07:05 GMT</pubDate>
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                <media:description>MANATI, PUERTO RICO - OCTOBER 02:  A bull is seen on the Espinosa Rivera ranch afer flood water from Hurricane Maria passed through the farm on October 2, 2017 in Manati, Puerto Rico. The hurricane devastated the ranch with 350 cows missing or dead.  (Photo by Joe Raedle/Getty Images)</media:description>
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