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We Can’t Quit Elon

Slate Money

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Powell's a Market Sensitive Fed Share?

Powell is much more market sensitive than other Fed shares that I've seen. He takes in all these other signals as well that aren't specifically about the markets, but I feel like he's always playing catch up to the markets in that way. If there's too much of a feedback mechanism between these two entities, you end up with this weird white noise and no one really knows how to react to the other.

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