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Dow rises 200 points as Wall Street awaits Fed Chair Powell's speechStocks rose on Wednesday as investors awaited a key speech from the top Federal Reserve official, while hope that a U.S.-China trade truce could come lifted sentiment on Wall Street. So is the economy booming or is it teetering on collapse? Cramer is the King of B.S., and why not, none of his money is at risk. TreadCarefully Stocks surged after Fed Chair Powell said interest rates are close to neutral, with the Dow climbing 400 points to its session high.
Source: CNBC - 🏆 12. / 72 Read more »
Analysis | The Finance 202: Trump blames Fed Chair Powell for GM closures, tooAnalysis: Trump blames Fed Chair Powell for GM closures, too Anyone but himself Of corse, anyone and everyone except himself! He also blames democrats, workers, The New York Times, Pope Francis and his first wife (along with anyone else he can think of to deflect attention from himself)
Source: washingtonpost - 🏆 95. / 72 Read more »
Fed Chairman Powell sends markets soaring with suggestion rate hikes may slowPowell’s comments did not accept recent arguments from President Trump that past interest rate increases have been a mistake. 45: hate that guy, even though he’s tall I guess trump got to him with his threats. Mob boss threatened him and he caved sad
Source: washingtonpost - 🏆 95. / 72 Read more »
Fed Chair Powell says gradual rate path is designed to balance risksFed chair Jerome Powell said interest rates are 'just below' the range of neutral estimates, adding that the state of the economy gradually, but steadily improved. Exactly, Jerome. Interest rates quadruple in such a short-term ! Odd variances. winking.
Source: CNBC - 🏆 12. / 72 Read more »
Fed Chair Powell sends markets soaring with suggestion rate hikes may slowPowell’s comments did not accept recent arguments from President Trump that past interest rate increases have been a mistake. DAYYYYUUUUUM Stock market is almost as volatile as bitcoin right now. Nobody gives a shit. Stock is the the rich peoples three card monte
Source: washingtonpost - 🏆 95. / 72 Read more »
Powell shouldn't follow Greenspan's example at Fed, veteran economist saysStocks in the U.S. ripped higher Wednesday after Powell said that the Fed funds rate was now just below the range of estimates for neutral. Trump is going to have to fire him
Source: CNBC - 🏆 12. / 72 Read more »
Why Fed Chair Powell May Be Praying For A Vote Against Rate HikesFed Chair Jerome Powell may be hoping one of his colleagues dissents against an expected December rate hike, in order to signal to markets the central bank is almost done tightening monetary policy. pdacosta Hopium springs eternal in the heart of Wall Street's propaganda machine.
Source: Forbes - 🏆 394. / 53 Read more »