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Push to have Powell reappointed as Fed chair

Push to have Powell reappointed as Fed chair Jerome Powell’s term as chair of the US Federal Reserve could be summed up as follows: Never in economic history has so much been given so fast to so few. The trillions of dollars pumped into the financial system by the Fed since March 2020 have sent the stock market to record highs, boosting the wealth of multi-billionaires such as Elon Musk and Jeff Bezos to stratospheric heights, as well as lifting the wealth of a host of lesser lights. Chairman...
United States Jerome Powell William Spriggs Janet Yellen Brad Sherman Jeff Bezos
Source: wsws.org

2020: A dismal economic year, unless you were on Wall Street

2020: A dismal economic year, unless you were on Wall Street Martha C. White © Provided by NBC News The world might be waiting on a Covid-19 vaccine, but thanks to policy booster shots, the stock market ended 2020 seeming to be largely immune from the contagion that still threatens Main Street businesses. It might be hard to recall now, but 2020 started off with an economy full of potential: The Dow Jones Industrial Average was on track to break through the 30,000 threshold an...
United States Mitchell Goldberg Joseph Heider Donald Trump Charlie Ripley Dow Jones
Source: msn.com

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