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humor Cloud Macro 2026-07-29

Fed Stands Pat: Pescadero Surf Report Remains "Epic."

Federal Reserve bigwigs deliberated weighty financial matters, deciding to hold whatever 'rates' they hold. Meanwhile, Pescadero surfers universally agreed the 8 AM swell report was far more consequential. Inflation concerns? The price of a fish taco is the only economic indicator that truly matters, and those are still blessedly affordable.

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