Powell’s Hawkish Tune Gets Equities Going as Bonds Take a Seat

(Bloomberg) — Investors responded to the Federal Reserve’s intent to tackle inflation with a clear risk-on pivot, as stocks climbed while Treasuries retreated.Most Read from BloombergCan Indoor Farms Reach Skyscraper Height?Zero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseSaudi Arabia Wants Its Capital to Be Somewhere You’d Want to LiveEquity strategists highlighted the usually positive outlook for stocks in the early stages of a tightening cycle, even as bond and currency analy
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