Fed Chair Powell's remarks this year have cost the stock market $1.5 trillion, JP Morgan says

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Since Fed Chair Powell took over in February, his public remarks have cost investors a total of $1.5 trillion.

 

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How so?

How many hundreds of billions for you CNBC?, nonstop propaganda, Cramer might be the only occasional sane one.

moron

Another bullshit story market at historical highs.

Cool

He is the real "Walter"

He needs to go.

Must be the New Math. Indices are at record highs. His comments just provided the good, old buying opportunities. That is until he does normalise or "neutralise" interest rates. Then it will be another matter. We are hundreds of basis points away from "neutral".

Investors... but traders have made way more than that off him!!!

Bulls**t...

We gonna lock this guy up soon or what realDonaldTrump?

Very misleading headline

that's a lot of money in today's dollars, isn't it?

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