Powell's ‘Revenge' On Trump Could Mean 239% Upside For This Stock
MarketAxess(MKTX) Forbes·2024-11-21 14:52
An Easter basket full of eggs with paper money on white background. Focus on the $100 bill in the ... [+] center.gettySix summers ago, Donald Trump lamented privately to Republican donors that he expected Jay Powell to be a “cheap money” Fed chair. To the President’s chagrin, Powell had recently raised interest rates. Thus, making money more expensive.Most real estate guys like Trump are allergic to high rates. Back in 2018 they were certainly no bueno for his growth-focused agenda. The President told Fox B ...