Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the American Economic Association and Allied Social Science Association Annual Meeting in Atlanta, Georgia, U.S. (Photographer: Elijah Nouvelage/Bloomberg)

Has the Stock Market Established a Bottom?

(Bloomberg Opinion) -- The Jan. 4 monster rally in risk assets, which saw major U.S. stock indexes surge by 3 percent to 4 percent and the “risk-free” yield on 10-year US Treasuries rise by 11 basi...

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