Surveillance: Party Poopers Aren’t Welcome as Jerome Powell Pours Drinks
Fed is providing ‘a lot of liquidity in an already liquid environment,’ Richard Bernstein says
Wall Street liked what it heard from Fed Chair Jerome Powell, even if he shed little clarity on the reasoning behind the central bank’s path.
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If you were bearish on stocks and US corporate credit this year, two words: We’re sorry. It’s just not your year.