Danielle DiMartino: “I find this to be highly ironic (Powell’s remarks on inequality) because the Fed has been instrumental in widening inequality by looking like they want to prop up Wall Street and the top 1%…who own 80% of stocks.”

"I find this to be highly ironic (Powell's remarks on inequality) because the Fed has been instrumental in widening inequality by looking like they want to prop up Wall Street and the top 1%…who own 80% of stocks." @QuillIntel on …

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RECOVERY SUMMER, THE UN-IRONIC EDITION

Retail Sales and Manufacturing Are Powering U.S. Growth This Summer. Retail sales—a measure of spending at U.S. stores, websites and restaurants—rose a seasonally adjusted 0.5% in July from the prior month, the Commerce Department said Wednesday. That was well ahead …

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