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The Pause That Doesn’t Refresh - Ep 901

The Peter Schiff Show Podcast

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The NASDAQ Hit Another 52 Week High Today

Powell talked about how many years it's likely to take to get inflation back down at 2% which really means that rates can't go down. The NASDAQ hit another 52 week high today you know led higher by Nvidia that was up another 5%. Based on the AI hype the Dow was down about 250 points and I think on a percentage basis the Russell 2000 was down more gold also reacted negatively but finished the day  up a few bucks before the hawkish pause then it then sold off after hours.

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