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After the Bell - You Bought the Tractor. Who Owns the Repair?
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Wednesday, October 7
Stocks retreated as higher long-term yields weighed on industrial companies, housing and smaller firms, even after a well-received Treasury auction. Boujie follows the day’s biggest moves and the Federal Reserve’s newly released minutes before examining a fundamental ownership question: when a farmer buys an expensive machine, who controls the tools required to repair it? The FTC and USDA are asking for evidence about equipment sales, dealerships and aftermarket…
The skinny
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