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Bloomberg Wall Street Week: August 19, 2022

Wall Street Week

00:00

Is the Fed's Job Harder?

The markets were doing the fed's job entirely, and then the fed joined in. And so bonyields came back down. Equity yields, you know, came backdown. A and so you knont that about half of the tightening that the markets were applying has been retracted. Is ton be very trickyand that's a really powerful point, i think.

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