If investors have become numbed to the persistent Fed speaker chatter of the higher for longer message, they did not show it today. Chairman Powell always deserves attention, and the market moves when he spoke today showed via the volatility spikes. After he was done speaking, not much really has changed… “inflation path to be bumpy, yields have tightened financial conditions, strong economy may merit hiking, proceeding carefully” are just some of his comments. The end result is that November i…
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