New Fed Chair Powell’s Testimony Spooks The Markets | Golden Rule Radio

 In Golden Rule Radio, Latest News

The new Fed Chair Jerome Powell testified before the house financial services committee for the first time this week. Powell’s remarks hinted at the possibility of 4 rate hikes this year, moving faster than the December 2017 estimate. The idea of a more aggressive FED was enough to have the DOW closing down on Tuesday & Wednesday. Investors fear a FED overshoot. How did Powell’s comments impact gold, silver, platinum, palladium, and the US Dollar? We’ll explore that on today’s Golden Rule Radio.

GOLDEN RULE RADIO EMAIL REMINDER

Golden Rule Radio is a short weekly video update that gives the precious metals investor the technical and fundamental market insights to help you stay informed. Sign up below to be notified automatically when each new episode is released.

https://www.bostonglobe.com/business/2018/02/27/powell-bullish-outlook-economy-rattles-markets/auOmxEzYVJ4ofii53FddTJ/story.html

https://www.wsj.com/articles/global-stocks-struggle-after-bad-month-1519868670

Recommended Posts

Start typing and press Enter to search