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Beware the Powell Pop?

Beware the Powell Pop?

Update: 2021-07-14
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Markets eked out gains Wednesday, erasing earlier losses after Fed chair Jerome Powell said the central bank would keep its easy monetary policies going. Former PIMCO chief economist Paul McCulley joins with his thoughts. Plus, why the sell-off in high-multiple tech stocks has some of our traders worried.
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Beware the Powell Pop?

Beware the Powell Pop?

CNBC