Stocks Sell Off in Sharp Reversal of Post-FOMC Rally

Stocks Sell Off in Sharp Reversal of Post-FOMC Rally

U.S. equity indexes rallied hard during Jerome Powell’s post-Federal Open Market Committee meeting press conference yesterday, posting the biggest rally in two years because the Federal Reserve Chair said the central bank was not “actively considering” a 75-basis-point rate hike. Today, 95% of the S&P 500 is trading lower, The Dow Jones Industrial Average is off more than 700 points, and the Nasdaq Composite is down more than 5%. The yield on the 10-year U.S. Treasury note surged as high as 3.106% before settling at 3.09%, its highest level since 2018, as investors seem to be more and more accepting of the fact that the Fed will continue to aggressively fight inflation, at the risk of equity valuations and economic growth. Tony Greer, founder of TG Macro, joins Real Vision’s Maggie Lake to talk about today’s price action and central bank policy as well as natural gas and other critical commodities. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3vJLkLB Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jaksot(2083)

Adventures in Finance 35 - Observations and Interpretations: Jim Grant

Adventures in Finance 35 - Observations and Interpretations: Jim Grant

Grant Williams welcomes Jim Grant- legendary financial author and founder of the twice monthly journal on financial markets, Grant’s Interest Rate Observer.  Together they discuss Jim’s rise to litera...

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Adventures in Finance 34 - Jim Rogers: The Investment Biker Rides Again

Adventures in Finance 34 - Jim Rogers: The Investment Biker Rides Again

Investing legend Jim Rogers joins Grant Williams to talk about the defining moments in his life which took him to Wall Street in the 1960s and to Russia and China on a motorbike in the 1980s. Jim talk...

22 Syys 201754min

Adventures in Finance 33 - Keys to the Kingdom: Inside the Beautiful Mind of Hugh Hendry

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15 Syys 20171h 21min

Adventures in Finance 32 - Season 2 Premier:  KYLE BASS

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Season 2 of Adventures in Finance kicks off with Kyle Bass joining Grant for this week’s entire episode. Kyle shares some of the Defining Moments of his life and explains how they shaped him. He tells...

8 Syys 20171h 8min

Adventures in Finance - 2017 Summer Series 5: Steve Diggle

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Grant and Aaron cap off the 2017 Summer Series of Adventures in Finance as they are joined by the founder of Vulpes Investment Management, Steve Diggle, where he discusses his love of long-distance ru...

1 Syys 201740min

Adventures in Finance - 2017 Summer Series 4: Mark Yusko

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25 Elo 201743min

Adventures in Finance - 2017 Summer Series 3: Jawad Mian

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Grant and Aaron continue the 2017 Summer Series of Adventures in Finance as they are joined by Jawad Mian, founder of Stray Reflections, to discuss the philosophical underpinnings of his worldviews, h...

18 Elo 201730min

Adventures in Finance - 2017 Summer Series 2: Pippa Malmgren

Adventures in Finance - 2017 Summer Series 2: Pippa Malmgren

Grant and Aaron continue the 2017 Summer Series of Adventures in Finance and turn-off from the beaten path as they are joined by the Pippa Malmgren to discuss drone technology, interesting summer read...

11 Elo 201735min

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