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The Fed can’t stop a market meltdown, warns forecaster who called the 2008 housing bust

July 23, 2019

The positives for this stock market are inching out of the woodwork.

A “real compromise” on the U.S. debt ceiling, which many saw as a black swan for markets this autumn, plus a report that D.C. trade reps will head to Beijing for further talks next week, are keeping things in the green for Wednesday. That’s as we continue to work our way through a mountain of earnings and wait for next week’s Fed meeting.

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