Post Profile

The Stock Market Waves Goodbye to Easy Money

The most important job of the chairman of the Federal Reserve is largely an intangible one: to instill confidence in money, markets and the economy. But as soon as Jerome Powell was sworn in on Feb. 5–indeed, before he was sworn in–confidence collapsed and took the stock market with it. The Dow Jones average plummeted…
read more


Related Posts

Jerome Powell sworn in as Federal Reserve chairman, vows to ‘remain vigilant’ about financial risks

News : The Raw Story

WASHINGTON — Jerome H. Powell was formally sworn in Monday as chairman of the Federal Reserve and vowed to remain vigilant about risks to the financial system. Powell, a Republican who succeeded Janet L.... The post Jerome Powell sw...

Fed's Powell says interest rates could rise 'fairly soon'

Business & Finance : Business Insider: Clusterstock

WASHINGTON (Reuters) - A U.S. rate hike may come "fairly soon" if data confirm the economy is continuing to grow and labor markets are still tightening, Federal Reserve Governor Jerome Powell said on Thursday in remarks that may hel...

Stock market madness: The Dow Jones just suffered its worst point drop in history

Business & Finance : Fast Company

The great selloff continues. On the same day that Jerome Powell was sworn in as the new Federal Reserve chairman, the Dow Jones Industrial Average suffered its largest intraday point decline in history, plunging more than 1,500 poin...

What The Crypto Crash & Stock Market Plunge Have In Common

Business & Finance : Zero Hedge

Authored by Adam Taggart via, Only one thing matters in bubble markets: sentiment Yesterday saw Jerome Powell sworn into office as the new Chairman of the Federal Reserve, replacing Janet Yellen. Looking at the se...

Markets Do Test New Fed Chairs

Business & Finance : Zero Hedge

Via LPL Research, As Janet Yellen hands over the reins to Jerome Powell at the Federal Reserve (Fed), a look back at history shows that markets have a funny way of testing new Fed chairs. We’ll get into all of that in a second, but ...


Copyright © 2016 Regator, LLC