KQED Nightly Business Report April 6, 2017
Investors shared private growth, thenned be day, selling took hold and then some. Right around the time the Federal Reserve released the minutes of its latist meetings. The minutes dont tend to move the markets all that often, but they did today. At the Central Banks last meeting, policymakers commented on stockmarket valuations with some members suggesting theyre a bad profit. They dont do that. They also talked extensively about reducing the feds multitrillion dollar Balance Sheet, something we have been telling you about. That has a power to spook the market. With that, stocks did get spook...