Joel Elconin - Powell’s Comments Drop Markets, “The Path Of Least Resistance Is Lower”
Joel Elconin, Co-Host of the PreMarket Prep Show joins me to discuss the recent market downturn triggered by Fed Chair Powell's hawkish comments on Thursday.
We analyze the effects on the bond market, individual stocks, and the continued pullback in precious metals. Joel also shares his insights on the stabilization of interest rates and the performance of mega-cap tech stocks, which have been a large contributor to the recent market weakness. Additionally, we touch on the dynamics of the bond market, the performance of financial sectors, and the implications of U.S. policy under Trump.
