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The financial markets go down the rabbit hole

Financial Times   •
©The Financial Times Limited 2020 Mar 10, 2023 / 11:52 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

Investors and the Fed need to keep an eye on speculative positioning and generational bias

There are hints of rising consumer stress. But as Jay Powell noted this week, the labour market is red hot, and the mood of business leaders in Washington is strikingly bullish.

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