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US Federal Reserve

Market Figures Out Fed No Longer Has Its Back

Submitted by John Rubino via DollarCollapse.com,

US stocks soared while the Fed was meeting to raise interest rates this week - though it’s not clear why that should be so since monetary tightening isn’t generally a good thing for stock prices.

In any event, it didn’t last. Over the past 48 hours the Dow is down more than 3%, with many, many individual stocks down far more.

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