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Fed Chair Powell's Statements and Nancy Tangler's Take
In this chapter, the speaker discusses their conversation with Nancy Tangler, the Chief Investment Officer at Laffer Tangler Investments, regarding the recent statements made by the Fed Chair Jerome Powell. They mention the impact of the 10-year yield on the stock market and ask for Nancy's take on Powell's comments. Nancy expresses her belief that there was nothing new in Powell's statements and that the Fed is likely finished with rate hikes.