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15min chapter
Closing Bell: Stocks in Sell-Off Mode Post-Powell 3/7/23
Closing Bell
Market Reactions to Fed Chair's Statements and Stock Movements
The chapter delves into the stock market's response to the Fed chair's statements on potential rate cuts amidst high inflation, discussing skepticism, caution, and investment strategies. It explores differing opinions on the Fed's ability to manage inflation and potential challenges within the institution. Additionally, the chapter covers updates on stock movements, including airline upgrades, negative news on chip companies, and layoffs impacting tech firms.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode