Markets Drop 3% as Powell Delivers Grim Tariff Warning
Gold surges past $3,300 as Fed Chair warns of "higher inflation and slower growth"
Hey friend,
The Fed Chair just confirmed Wall Street's worst fears: tariffs are creating the toxic combination of "higher inflation and slower growth" simultaneously.
Nvidia stock plummeted nearly 10% today after revealing a staggering $5.5 billion hit from new export restrictions to China as the broader markets fell sharply.
Gold surged above $3,300 per ounce as Powell warned this "challenging scenario" will likely persist for "the balance of this year." Access this story here.
-Christopher
P.S. The last time we saw this precise market pattern was in 2008 - and investors who recognized the warning signs protected their wealth while others lost everything. CLICK FOR FULL STORY >>