How an 8 Minutes Speech Crashed Stock Markets

How An 8 Minutes Speech This Past Friday Caused The US Stock Market to Lose 1.24 Trillion Dollars. Jerome Powell’s Speech At Jackson Hole Summit
Jerome Powell. The Federal Reserve. Stock Market Crash. Recession. Economics. Economy. Jackson Hole Summit. Stock Market.

[@benchabasilem4352]

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[@miguell6862]

Hello! Were are you? You havn't up any news since 5 months! Are you Sick or ill?

[@EverydayEconomist]

Here is the latest video: ruclips.net/video/JpGRY2yNWWU/видео.html

[@kellyphillips9770]

Hmmm, it’s almost as though they’re doing it on purpose.

[@Stadtpark90]

1:44 nice comic

[@EverydayEconomist]

You will own nothing and be happy: This goes to show how much global equity markets are the whim of one individual with too much influence and power. A few words uttered by Jerome Powell during an 8-minute speech wiped out 1.4 trillion dollars of the US stock market. People's retirement, college funds, and pensions accumulated over a lifetime can see their values cut in double digits % based on how one person is feeling on a certain day in front of cameras

[@makutas-v261]

How can we escape?

[@andy-ce8ug]

We haven't had a true market in decades. But it's only getting worse. If the market was based on fundamentals do you think some dudes comments would move it. It's all based on Bubble cheap financing and money printing

[@ste9474]

Biden: Let's print the missing money and put it back into the market