By Keith Schneider and Donn Goodman Equity markets got hit hard this week but mostly managed to stay above key moving averages (Except Grandpa Russell/ IWM). It is called painting the tape and this week’s art was created by a renowned artist….and if you are wondering who the artist I’m referring to is…. It’s Jerome Powell, and not Jackson Pollack. For empirical evidence lust look at the Fed’s balance sheet (grown by $1.45 trillion since
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