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Hedge Fund CIO: The Market Knows That The Fed’s Next Rescue Will Be The Biggest Ever
Assessment: “We need to watch, and watch carefully, and see if the economy is evolving consistent with our expectations and adapt policy accordingly,” explained Powell, doing his best to play the highest stakes game of his career with the weakest hand of any central banker in living memory … Millions of global traders and investors – intellectually and philosophically diverse, intensely focused, triangulating, weighing, placing bets sized according to their conviction, their precious capital at