Closing Bell: Fire in the hole! Stocks plummet on Powell speech 8/26/22
Closing Bell
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What's Your Best Guidance on That Score?
The market is down more than 900 on the dow, more than three % on the s am p 500. Miki: I have a market momentum that's tellng me you can't bet against it. And i got a fundamental backdrop that tells me you don't want to add to it until you go back in at least three tas that low. The data point that i'm really focused on here, mike, is the unemployment rate.
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