Fed's Powell vs. Trump: who's got a 'feel' for markets now?

Credit: Reuters- Published on August 23, 2019
Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.
Advertisement

Credit: Wochit News
Published on August 23, 2019 -  00:34
Stocks Plummet After Trump Vows Retaliation: China's Latest Tariffs
Stocks spiraled downward on Friday after President Trump tweeted the US would retaliate against China's latest round tariffs. Markets began the day lower after China announced it planned to impose tariffs on $75 billion worth of US products before the open. Those losses were pared prior to Trump's comments, after Federal Reserve Chairman Jerome Powell didn't rule out further rate cuts this year during his speech at the central bank's annual symposium.

You are here

Recent related videos from verified sources

Market Rotations: What Investors Need to Know 05:24
Credit: The Street - Published 2 days ago 


Why the Market Should Be Down More Because of Oil 01:00
Credit: The Street - Published 2 days ago 


Trump Orders Use Of Emergency Oil Reserves 00:49
Credit: Wochit Business - Published 2 days ago 


Should Investors be Optimistic About The US China Trade Talks? 04:23
Credit: The Street - Published 5 days ago 


Jim Cramer: Biden, Warren Seem More Worried About Deficit Than Trump 01:15
Credit: The Street - Published 5 days ago 


Jim Cramer: Approach U.S.-China Trade Headlines With Caution-13-19_JC_TRADE 01:04
Credit: The Street - Published 5 days ago 


Jim Cramer Breaks Down Broadcom, U.S.-China Trade War, Markets 08:50
Credit: The Street - Published 5 days ago 


Investors focused on Trade Before Rates 01:11
Credit: The Street - Published 5 days ago 


Jim Cramer Breaks Down Tariff Delay 01:50
Credit: The Street - Published 6 days ago 


Jim Cramer on Oracle, Tariffs, T. Boone Pickens and the Markets 10:31
Credit: The Street - Published 6 days ago 


09-11-19_KR_KUSHMA_FULL 09:06
Credit: The Street - Published 1 week ago 


With China Easing on Trade, Stocks Rise But Treasury Yields Stay Put 01:14
Credit: The Street - Published 1 week ago 


You might like