Where’s That ‘Fed Put’? Scorched Dip Buyers Confront the Market’s New Reality

Where’s That ‘Fed Put’? Scorched Dip Buyers Confront the Market’s New Reality

(Bloomberg) -- When stocks plunged in 2018, Jerome Powell was there, buoying sentiment. Two years later as shares careened into the fastest bear market ever, he stepped up again, flooding the system with support.

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