Dow Drops More Than 900 Points In Second Day Of Sell-Off
One of the big worries is that the Federal Reserve, under new chairman Jerome Powell who was officially sworn in Monday, will accelerate interest rate hikes and slow the economy. “If the yield on the 10- year hits 3 percent in the next several days, equities are likely to decline dramatically because of fears of the Federal Reserve aggressively slowing down the…
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