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Instant Reaction: Jay Powell on Fed Policy

Bloomberg Daybreak: US Edition

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Chairman Powell's Statements and Market Reaction

This chapter discusses the recent news conference with Chairman Powell and analyzes the market's reaction to his statements. They mention the S&P 500, Microsoft's performance, and the real yield. They also talk about concerns over the banking system and individual properties in New York City. The chapter concludes with a discussion on Jeffrey Rosenberg's view on the market and how to manage a portfolio given the current situation.

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