As The Recession Asserts Itself, The Fed Takes a Hard Line

Sinks Stocks Equity markets were in a holding pattern all week waiting for some tidbits from the Federal Reserve’s (Fed) annual Jackson Hole Symposium; especially waiting for Chair Powell’s Friday eloquence. Through Thursday, only the DJIA was off more than -1%, the Russell 2000 was almost flat, while the S&P 500 and Nasdaq were down […]