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Stocks See-Saw Post Powell, and Waging War on Wealth 2/7/23

CNBC's "Fast Money"

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The Fed Is Too Tight, Isn't It?

A downturn this spring still very much is on track, in my view. The market is telling you that the Fed is too tight. I do see long-term rates going lower. We have gone into a recession with the unemployment rate only up a tenth or two from its low.

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