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Powell Speaks, Investors Listen, Historic Monetary Policy Changes, Breaking News on TikTok As its CEO Announces He’s Leaving the Company, Abbott Labs Gets FDA Approval for Rapid COVID-19 Test by Squawk on the Street

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LISTEN NOW: A critical speech from Fed. Chair Jerome Powell and more. Listen and subscribe to the SquawkStreet podcast with carlquintanilla, JimCramer and DavidFaber here:

 

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SquawkStreet carlquintanilla jimcramer davidfaber Please stop interviewing Tilman Fertitta “ the billionaire” as you call him every time. He has nothing really to say.

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European stocks fall ahead of Powell speech as banks slideA cautious mood prevailed in European equity markets on Thursday as investors looked ahead to the U.S. Federal Reserve Chairman Jerome Powell's outlook on monetary policy. Eventually, all the US currency being generated out of thin air to make up for loss of revenue from corporate tax cuts and now the pandemic, is going to collapse the economy. The inflation will be violent.
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