Closing Bell cover image

Closing Bell: Fire in the hole! Stocks plummet on Powell speech 8/26/22

Closing Bell

00:00

Leslie Private Equity Names Are Taking the Brunt of the Sell Off

Nancy: How hawkish is the fed going to sound after, after the september rate? Nancy: I'm not convinced that we're going to see unrelenting rate heights for the next six to nine months. Meanwhile, bank stocks are falling along with the broader sell off, but it's the private equity names that are taking the brunt of the pain. It's never too early to plan for a career that lives longer.

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