Why Did the Stock Market Drop Today? It Finally Heard Jerome Powell’s Message Loud And Clear.
August 27, 2022 by secret
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[ad_1] Text size Stocks sank as Jerome Powell gave a short and clear message that rates will stay high for some time. Michael Nagle/Bloomberg Jackson Hole has come and gone, and the only surprise may be that the stock market was surprised. But surprised it was. The stock market began this past week on its