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Threats to the Federal Reserve’s Independence Hammers Stocks
Monday closed down -2.36%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -2.48%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.46%. June E-mini S&P futures (ESM25) are down -2.42%, ...
Stocks Plummet as Fed Independence is Challenged
Stocks and the dollar are retreating today as the Federal Reserve’s independence is challenged, with President Trump contemplating the possible firing of Fed Chair Powell. Selling in stocks ...