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The reasons behind the market's turbulent start to 2022 and why the bears are not yet in control

U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022.
Graeme Jennings | Reuters

Whenever the Federal Reserve prepares to tighten, Wall Street tenses up.

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