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Billionaire investor Barry Sternlicht used to think Jerome Powell’s Fed would threaten capitalism—now he calls its rate hikes ‘suicide’

by Fortune
November 18, 2022
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The Fed doesn’t appear to understand the ramifications of what they’re doing,” Sternlicht said.
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Elon Musk told Twitter's staff: Commit to working ‘hardcore’ or leave. The resulting exodus may put the company's operations at risk

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