Surveillance: Fed Owes Mea Culpa, Says Dudley
Bloomberg Surveillance
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Is There a Complete Decoupling?
In Europe, you're already seeing this huge substitution from natural gas towards oil. Of course, there will be inevitable repercussions for the US as well. This is one of the key reasons why we've been overweight midcaps rather than large cap. The mid cap exposure to domestic is significantly higher than what you see for large cap. And they've outperformed and we expect them to continue to outperform.
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