Tag Archives: Markets

Powell promises the Fed’s financial support “as long as it takes.”

U.S. Federal Reserve Chairman Jerome Powell speaks during a House Financial Services Committee hearing in Washington, D.C., on Tuesday, February 11, 2020. Andrew Herrer | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell pledged continued support for the economy, saying it had improved significantly, but more work was needed. …

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‘The temptation to buy’

Jim Kramer of CNBC, who has been warning people for weeks to lock-in on the profits of some stocks, advised investors to find places to buy potentially in the wake of Monday morning’s sharp market sell-off. Expressing concern about Europe’s second coronavirus lockdown, Kramer said: “We’re landing on something that …

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