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3232Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’
https://www.digit.info/market-strategist-expects-stock-market-to-drop-50-from-here-says-theres-going-to-be-no-middle-class-left/
Sun, 28 Aug 2022 14:30:31 +0000https://www.digit.info/2022/08/28/market-strategist-expects-stock-market-to-drop-50-from-here-says-theres-going-to-be-no-middle-class-left/Read more]]>Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the crypto market and the Crypto Fear and Greed Index continues to slide lower, edging toward “extreme fear.” Furthermore, the chief strategist at bubbatrading.com, Todd ‘Bubba’ […]
]]>Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
https://www.digit.info/powell-says-feds-battle-with-inflation-will-bring-some-pain-after-insisting-last-year-elevated-inflation-is-likely-to-prove-temporary/
Sat, 27 Aug 2022 18:30:41 +0000https://www.digit.info/2022/08/27/powell-says-feds-battle-with-inflation-will-bring-some-pain-after-insisting-last-year-elevated-inflation-is-likely-to-prove-temporary/Read more]]>On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary hinted that the Fed won’t hit the brakes on monetary […]
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the crypto market and the Crypto Fear and Greed Index continues to slide lower, edging toward “extreme fear.” Furthermore, the chief strategist at bubbatrading.com, Todd ‘Bubba’ […]
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary hinted that the Fed won’t hit the brakes on monetary […]