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Cartoon of the Day: Coo Coo Clock - Fed cartoon 07.30.2015

"Yesterday’s Fed statement had a wiggle," Hedgeye CEO Keith McCullough wrote in today's Early Look. "It adjusted (just a bit, but on the margin is what matters) for the recent marked-to-market change in inflation. Very few at the Fed want to raise rates as nature’s pace of #deflation is accelerating."