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Cartoon of the Day: Bullard Befuddled - Fed grasping cartoon 01.14.2015

"Earlier today, St. Louis Fed James Bullard said market-based inflation expectations were becoming 'worrisome' after he was so hawkish a month ago," Hedgeye CEO Keith McCullough noted today.

We'll say it again. One of the biggest risks to financial markets right now is believing the Fed's economic forecast.