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Warsh may hope the threat of rate hikes is enough. But stocks might gain ground if he does, and past rate-hike cycles can be a guide.
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In his first press conference as Fed chair, Kevin Warsh took a surprisingly aggressive stance on interest rates and inflation.
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Carbon pledge lifted wind and solar stocks in China; oilfield services firms looked at options other than oil and natural gas, and prices of Hamptons homes rose to more than $5 million.
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Stocks fell, erasing early gains as investors continued to track trade negotiations between the U.S. and China as the two nations appear to inch closer to a pact.
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