Trade slams stocks as Fed takes wait-and-see stance—what experts are saying

In some ways, experts felt Wall Street was left at the mercy of Washington asMoody's Analytics chief economist Mark Zandi liked how Powell handled the Fed's precarious position:

Jason Furman, former chair of the Council of Economic Advisers, was also in favor of Powell's statements but highlighted just how much uncertainty persisted in global markets:

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Gold and Treasuries surge as the escalating trade war sends investors fleeing from the stock marketThe movement in bonds versus equity markets Friday was 'a confirmation of all the recent trends,' said Bill Adams of MFS Investment Management. later losers People like gold
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