For investors warming to a government that professed to put their interests first, the chill has been palpable. Forget about whether any of it passes.
Powell described interest rates as a “long way from neutral’’ and the shrinking of the Fed balance sheet as on “autopilot’’ before walking both back.
Trump also raised the prospect of a 25% tariff on another $325 billion in Chinese imports not currently covered. Such a move would be disruptive.
If you think last year's market declines were ugly, things could be about to get worse, at least one market strategist says. What do the charts say?