SOXL
Rate Of ReturnThe New Feb Chair does influence bringing the stocks down and as for oil shares to run on the opposite as he is a Trump ally. This somehow shows the lack of confidence in the people whom Trump and their community had chosen.
Simple as it says if you can't beat them join them to make the money and speak the same language!
SG Morning Brief | Tech Selloff Erases Records as Warsh Era Begins
Weekend WrapKevin Warsh officially became Federal Reserve Chair on Saturday, inheriting an inflation rate of 3.8%, a 10-year yield at 4.55%, and rate hike odds at 45%. His first public comments will set the tone for markets this week. The Trump-Xi summit ended Friday without a major Iran breakthrough, disappointing investors who had hoped China would deliver a Hormuz reopening commitment. Oil remains above $100 and the 30-year yield is above 5%.
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