Dow Rallies as Powell Joins Pelosi & Trump in Plea for Fiscal Aid
The Dow Jones rallied on Tuesday, as Jerome Powell joined Donald Trump and Nancy Pelosi in calling for more coronavirus stimulus.
The Dow Jones rallied on Tuesday, as Jerome Powell joined Donald Trump and Nancy Pelosi in calling for more coronavirus stimulus.
The Dow Jones limped higher on Tuesday, as Jerome Powell’s cautious testimony had little impact on the U.S. stock market.
After plunging more than 500 points on Monday, the Dow Jones Industrial Average limped into Tuesday’s session.
The BLS revealed CPI jumped in August as Jerome Powell announced a 2 percent-plus inflation target. Alan Greenspan warns it will get out of control.
The new “market-friendly” Federal Reserve raises the likelihood of a prolonged stock market bull run in the near term, strategists say.
Federal Reserve chairman Jerome Powell will strike a gloomy tone in a Congressional statement today, but he’ll reiterate support for the financial markets.
The Fed rolled back its balance sheet and demand for liquidity is back below crisis levels. Are the financial markets ready to stand on their own feet again?
Robinhood retail investors believed the faiiry tale of a V-shaped recovery, but Father Fed just told them that will never happen.
The Federal Reserve is building a house of cards with its massive bond-buying program that will eventually come tumbling down.
Everyone is focusing on the Fed’s ‘gloomy’ economic outlook from last night, but his commitment to the market was incredibly bullish for stocks.