Powell Pulls the Hope Out From Under the Market – Ep 852
The Peter Schiff Show Podcast
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Powell's Unexpected Bombshells That the Markets Were Not Expecting
When the markets initially got the news of the 75 basis point hike, it was accompanied by an official statement that created some hope. But as Powell was delivering his prepared remarks at the press conference, he read something that scared the markets and that entire 400 point rally in the Dow disappeared. The minute those words were spoken, the markets tanked.
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