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Jerome say this coming with the Banks.....
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Stock market news today: Dow sinks 574 points on rate fearsDow drops 574 points as Fed chief Powell opens the door to steeper rate hikes
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Stock Market Today: Dow Closes Lower, Nasdaq Gains After Powell's TestimonyBreaking: Silvergate Capital, one of the top crypto banks, is shutting down. It said it will repay all deposits. hoss_crypto HKCM1 Crypto... 'BANK' 🤣
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Stock Market Today: Dow Drops 250 Points in Midday TradingThe four biggest U.S. banks lost $47 billion of market value today, part of a broad rout across financial stocks Maybe employees should be held personally accountable for these losses. 🤑
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STOCK MARKET NEWS: ADP jobs report, Tesla vehicle investigation, Powell testifiesThe ADP private payrolls jobs report came in hotter than expected as Federal Reserve Chairman Jerome Powell delivers a second day of testimony on the economy. Tesla is under investigation for a steering wheel issue and Warren Buffett loaded up on more Occidental Petroleum shares. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Not useful to the insider traders. Mass inflation '70s & 80's followed oil prices. 1974-80 cost of oil/barrel up 788%; 1981-88 down 60%. It was Mid-East embargos & turmoil then; now it's the Dems causing supply issues. Until energy policy changes, there will be 3-4% inflation. Fed can't fix supply. Pause rates. Saul Alinksy is alive and well in the Radical Left World. Anyone who uses Free Speech is attacked along with any business that they have. It worked in Nazi Germany and works in Communist China so why not here...
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