Jay Powell's dream of the 90s is dead
Before The Bell
Dec 5, 2022
The dream of the 90s is dead in Fedland. Plus, wallets on Wall Street are getting lighter. US stock futures are slipping lower on Monday. Markets in Europe were mixed in morning trading, while Asian indexes got a boost from hopes that China may be gradually unwinding its Covid restrictions. Oil prices are up 2% as the West tightens the screw on Russian crude and OPEC sticks with supply cuts that started last month.
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