What's Next For Our Economy & Stock Market?
A summary of Jerome Powell's outlook on inflation and the ongoing US debt ceiling situation
Welcome back finance enthusiasts! This week’s letter for premium members is packed with crucial news that will affect the stock market and economy.
Jerome Powell's speech on inflation and the ongoing debt ceiling talks in Congress are the key highlights. Staying informed about these stories is vital as they heavily influence market sentiment. The fate of the current bull market rally hinges on the unfolding of these events.
We'll also provide another in-depth analysis of some major stock charts and highlight important price levels to watch. These insights will keep you updated on market trends and enable you to anticipate future market developments and manage your portfolio effectively.
Here's what you need to know:
Summary of Jerome Powell’s Speech
Jerome Powell (head of the Federal Reserve) addressed the concerning issue of high inflation on Friday and outlined the steps being taken by the Fed to address it.
Inflation (the rising cost of goods & services) has been a growing concern for …
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