News Formal

Powell Speech Fallout: Tech Stocks to Face Resistance; Gold, Silver to Rally?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Market Overview Analysis by Investing.com (Calogero Selvaggio) covering: XAU/USD, XAG/USD, S&P 500, Gold Futures. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com

Tech sector could face headwinds, and gold and silver could rallyLast week, everyone had their eyes fixed on what Jerome Powell would say at theMany interpreted his words that way, though the reality was a bit different. In truth, there wasn't much to anticipate as toning down concerns aboutSure, the speech was touted as a crucial event, and although it aimed to convey a forceful message, it didn't actually bring any fresh insights.

The Fed seems to have forgotten about 2020, a year when it caused higher inflation through helicopter money.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Powell Speech Fallout: Tech Stocks to Nosedive; Gold, Silver to Rally?Market Overview Analysis by Investing.com (Calogero Selvaggio) covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »