The Powell Federal Reserve’s fundamental weakness has been its tendency to look in the rearview mirror rather than at what lies ahead. This helped get us into our inflation mess.
The S&P 500 Index closed lower for the second consecutive week and posted its sixth week of moving less than 1.0% in either direction. On the week, the U.S. stock barometer lost 0.3% and is. | May 15, 2023
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