"Fairly Highly Valued" Stocks: Markets Weigh Comments from Jerome Powell
Schwab Network · Schwab Network
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Show Notes
Fed Chair Jerome Powell took the podium on Tuesday to gives his latest take on the economy. Included in his comments was referring to stocks as "fairly highly valued." Kevin Hincks talks about how the investors will digest the statement on Wednesday's session and into the rest of the week. He later tackles the uptick in mortgage applications and what it signals for the housing market.
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