Stocks Plunge To Lows, Nasdaq Enters Bear Market As Mnuchin Jawbone Fails

by Tyler Durden
ZeroHedge.com
Thu, 12/20/2018

Stocks dropped to sessions lows, with the Nasdaq following the Russell 2000 and Tokyo-traded shares into bear-market territory, after Treasury Secretary Steven Mnuchin said Thursday that the market “overreacted” to Fed Chairman Jerome Powell’s remarks a day earlier.

MNUCHIN SAYS MARKET OVER-REACTED TO FED’S COMMENTS

MNUCHIN: MARKET WAS DISAPPOINTED WITH FED CHAIRMAN COMMENTS

MNUCHIN SAYS HE FOCUSES ON FED’S INFLATION PROJECTION

MNUCHIN: IF LOW INFLATION CONTINUES, FED RATE PATH MAY CHANGE

MNUCHIN: WE’RE COMFORTABLE WITH TREASURY SUPPLY, NOT AS WORRIED AS MARKETS APPEAR

But the market is upset…

The Rest…HERE

This entry was posted on Thursday, December 20th, 2018 at 1:03 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.