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Fed Takes the Wind out of the Market

by | Aug 27, 2022 | Market Updates

The rally in stocks might be coming to a close for the short run as the Fed had some nasty things to say on Friday at Jackson Hole.

In this video Knight talks about what Jerome Powell said on Friday that sent the market significantly lower. He also discusses how the Student Loan forgiveness from Biden could actually just be making the Federal Reserves job harder in trying to get inflation and price stability back under control.

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