18 Dec After Fed selloff, is a U.S. bear market next?
Did Jerome Powell just poke the
bear?
U.S. stocks took another body blow on Wednesday after the
Federal Reserve raised interest rates again and the central bank
chairman did not soften his tone about the outlook for further
financial tightening to the degree investors had hoped.
Now the question is whether Powell’s message that the U.S.
economy should be strong enough to stand on its own without
further assistance from the Fed will
bear?
U.S. stocks took another body blow on Wednesday after the
Federal Reserve raised interest rates again and the central bank
chairman did not soften his tone about the outlook for further
financial tightening to the degree investors had hoped.
Now the question is whether Powell’s message that the U.S.
economy should be strong enough to stand on its own without
further assistance from the Fed will
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