Corpina: Powell’s Comments Could Cause 3-4% Market Pullback
Schwab Network · Schwab Network
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Show Notes
Jonathan Corpina previews Powell’s press conference after the Fed rate cut decision and how it could move markets. He thinks if his comments spook the market, there could be a “3-4%” pullback over the next few days. “The market is expecting a little more clarity” around the end of the year, but he expects Powell to remain vague. Jonathan also discusses the burgeoning IPO market, which he considers optimistic for the economy.
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