Markets are selling off after Powell said six words investors don’t want to hear: ‘Equity prices are

Markets are selling off after Powell said six words investors don’t want to hear: ‘Equity prices are

Markets fell after Fed Chairman Jerome Powell warned that stocks are “highly valued.” U.S. stocks dropped, with tech leading losses on skepticism over Nvidia’s $100 billion OpenAI deal. Europe and U.K. markets opened lower. U.S. Federal Reserve Chairman Jerome Powell gave a speech in Rhode Island yesterday and, afterwards, was asked whether the Fed was…

Read More