Fed chair chicken out
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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 »
Dow logs more than 400-point loss as stocks left reeling after Fed hikeWell I'm sure some of those guys at the fed sold a bunch of stuff short before they did it. Not about the Fed - it's about the insanity that is Trump. You're in trouble HouseGOP SenateGOP WhiteHouse realDonaldTrump POTUS DonTheCon Harvest Season
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow rises as market expects a ‘dovish hike’ from Powell’s FedU.S. stocks rise Wednesday morning, as investors await the outcome of a key policy announcement from the Federal Reserve, due at 2 p.m. Eastern. troubled markets ahead - Marketwatch screen scripts have broken the displays - has so many ads and cursor problems it is losing effectiveness - Dems so bent on Trump & power, U.S. might fail to recover damage they are doing - FOMC tools not working
Source: MarketWatch - 🏆 3. / 97 Read more »