I Heard You the 10th Time… It seems Turnaround Tuesday wasn’t packing much staying power, as stocks are continuing to slide into the afternoon as Monday’s nervousness is rearing its ugly head again. Commentary from Fed-heads is adding to the unease today. The message is same thing as it’s been the past few months: further stimulus is needed to complete the recovery, but that it’s on the government to step up this time (in Powell’s words, the Fed has “done basically all of the things that we can think of”).
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