Bull Case on a Stock Crash Sees End of Fed Gifts to One Percent

  • Gains best for those who suffered most in old regime: StoneX
  • ‘The worst that can happen to an economy is inflation:’ Bianco
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One of many things to break in last year’s market rout was a decade-long stretch in which gains in stocks overwhelmed gains in wages.

Whether that modest blow for equality lasts will hinge on how the economy evolves amid the toughest Federal Reserve tightening campaign in 40 years.