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Profit-taking of the past tumultuous week…and what’s next

Chris Temple 0

(From our e-mail of Feb. 10, 2018) --

Before he could even find the chairman's rest room at the Eccles Building, new Fed Chairman Jerome Powell was faced with his "baptismal" market upheaval.

In a fairly broad recap of the antics in the markets of the last week or so, I take some time cutting through the hysteria (including, of course, the almost immediate calls from some that Powell do "something" to cover investors' losses.) Most of all, I explain why we are now at last back to a two-way market; and why that should be a GOOD thing.

Feb. 10, 2018 -- Our profit-taking of the past week...and what's next

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