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After the White House nominated Fed veteran Kevin Warsh as the next Fed chair, stocks opened lower Friday. A warmer-than-expected December wholesale inflation report and concerns about a government shutdown added to bearish investor sentiment as the week wrapped up
There are always reasons to be skeptical of the economy. But from FOMC policy, to earnings, to trade and fiscal policy, the risks on the margin may well be for a better-than-expected outcome.
Growing evidence of efficacy and the accelerating use of drones will likely fuel a specialized value chain of manufacturers, software developers, and AI innovators.