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November 16, 1912

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Wall Street has a Short Memory for Global Crises

Since Israel's missile strike on Iran, the S&P 500 is essentially flat. This includes a 1.0% rise on Monday in immediate reaction to the US strike.

News

Powell Says Fed Can Wait to Reduce Interest Rates as Trump Demands Cuts

Fed will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said.

Washington Wire

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