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  1. TSP Talk Weekly Wrap Up

    Stocks had their worst weekly performance since December triggered by surprise tariffs that followed a hawkish Fed rate cut. Action was quiet ahead of the Fed decision to cut rates a quarter percent. The size of the cut was not a surprise but the communication by Jerome Powell in the press conference left traders confused and unsatisfied. The message was basically a warning that the rate cut was a mid-cycle adjustment not the start of an extensive easing program.

    Stocks began to regain ...
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