South Memphis’ Jerome Powell was arrested for allegedly touching himself and trying to lure kids into his..hearse! Jerome was released on $100 bond and was charged with indecent exposure. Powell says he’s innocent…
Authored by MN Gordon via EconomicPrism.com, Jerome Powell, the new Chairman of the Federal Reserve, just completed his third week on the job. He’s hardly had enough time to learn how to operate the office coffee maker, let alone the...Show More Summary
Markets tend to test new Federal Reserve chairs not long after they take over; Jerome Powell's first drubbing came especially quickly with last week's sharp reversal. The Dow Jones industrial average gained 63% under Janet Yellen's four-year...Show More Summary
Financial markets delivered an unwelcome gift for Jerome H. Powell when he was sworn in last week as chairman of the Federal Reserve — a nosedive. Triggered by fears of rising inflation and interest rates, the Dow Jones industrial average’s record 1,175-point plunge on Feb. 5 kicked off the worst...
Federal Reserve Chairman Jerome Powell said Tuesday that the global economy is recovering strongly for the first time in a decade, but the central bank needs to remain alert to any emerging risks to financial stability.
Authored by Adam Taggart via PeakProsperity.com, The recent gut-wrenching drop in asset prices began on the first day of the job for new Federal Reserve Chairman Jerome Powell. How is Mr. Powell likely to react to a suddenly sick-looking...Show More Summary
Authored by Vitaliy Katsenelson via ContrarianEdge.com, The Federal Reserve’s changing of the guard — the end of the Janet Yellen’s tenure and the beginning of the Jerome Powell era — has me remembering what it was like to grow up in...Show More Summary
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 first things first - how did Yellen do? Over her four year tenure as Fed chair, the Dow gained a solid 63%. Show More Summary
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…
Jerome “Jay” Powell was added to the Federal Reserve Board in May 2012. Quite an auspicious time to be thrown into things, Powell had avoided the “unexpected” liquidity crisis of 2011 but he did have to deal with its aftermath. By September...Show More Summary
Authored by Adam Taggart via PeakProsperity.com, 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 sea of red across Monday's financial markets, Mr. Show More Summary
Submitted by Bill Blain of Mint Partners Pity Powell. Market Crash is a volatility driven VALUE AT RISK Event. You have to feel sorry for new Fed Head Jerome Powell starting his new job yesterday: Powell is going to find he has three jobs: Inflation, Jobs, and managing Trump who might well think a falling stock market is a Fed Plot to discredit him. Show More Summary
Mr. Powell faces a growing set of challenges in his new role, including a second day of major stock market declines.
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 points before recovering slightly. Show More Summary
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 sworn in as Federal Reserve chairman, vows to ‘remain...
Jerome H. Powell, the new Federal Reserve chairman, is a lawyer in a role performed mostly by economists. Friends say he is up to the challenge.
Also: Iraq's government says the U.S. is drawing down its troops in Iraq; the federal government faces a potential shut down this week; and Jerome Powell becomes the new Federal Reserve Chair.
The Federal Reserve has a new chair---Jerome Powell. We dig deep into the Fed's policies and what they mean for your wallet. What Jerome Powell And The Federal Reserve Mean For Your Wallet In 2018 appeared first on Money Under 30. © Moneyblogs, LLC.
The U.S. now is better prepared for a market plunge than it was during the financial crisis, Yellen says, as she backs successor Jerome Powell
WASHINGTON (AP) — Janet Yellen said she was disappointed that President Donald Trump didn't offer her a second term as Federal Reserve chair, but supports her central bank successor, Jerome Powell, who takes over on Monday. Powell, a Fed board member since 2012, is "thoughtful, balanced, dedicated to public service. Show More Summary