Jerome Powell will be speaking on 60 Minutes this Sunday night. I wonder if he will say anything to move the markets.
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SpyderCallOP : Here is a link to the full transcript of the interview. There is quite a bit more info in the transcript than that was actually aired. Might be worth a look.
cbsnews.com/new...
SpyderCallOP : Powell did hint towards potential troubles in smaller banks. $Invesco Kbw Regional Banking Etf (KBWR.US)$ $Ishares Trust U.S. Regional Banks Etf (IAT.US)$ $iShares Russell 2000 ETF (IWM.US)$
MonkeyGee : The economy is not as good as they have portraited. Employment only reflects people who are on unemployment within 6 months. After 6 months, they are no longer included in that number, even if you are still unemployed. The stock market only looks health on the surface. The market is up mainly because of 7 stocks, majority of the stocks are still at 52 low or all time low.