Marko Papic, partner and chief strategist at Clocktower Group, sees oil prices moving even lower in the coming months, which could help rescue stocks.
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Federal Reserve Chairman Jerome Powell last month said the central bank is focusing on headline inflation, rather than core inflation, in a news conference following the Fed’s biggest rate hike in decades.
While the jumbo rate hike received much of the attention, Powell’s other comments on inflation cemented another important reality for markets.
And…
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