What a comeback in the stock market
The Nasdaq is 3.8% from the lows and now down just 0.3% on the day. The S&P 500 is up 0.3%.
Never doubt the power of Powell. He offered plenty of reminders today that interest rates aren’t going up any time soon.
- NEWS: Fed’s Daly: Recent rise in inflation compensation is ‘encouraging’ and in line with Fed goals March 02, 2021 at 07:03PM
- NEWS: Brainard Q&A: I am paying close attention to market developments March 02, 2021 at 06:24PM
- NEWS: Fed’s Brainard: Fed will remain patient on monetary policy March 02, 2021 at 06:01PM
- Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update
- NEWS: US dollar slide continues ahead of Brainard March 02, 2021 at 05:13PM