Tag Archives: Jerome Powell

Trump Backs Off and Markets Rise

Wednesday, April 23, 2025

SOCIAL MEDIA ECONOMIST: Stocks rebounded yesterday after President Trump said he has no plans to fire Federal Reserve Chairman Jerome Powell for being slow to cut interest rates.   Investors were also encouraged by Trump’s announcement that the 145 percent tariffs on …

Trump Scares Investors Again

Tuesday, April 22, 2025

THE SOCIAL MEDIA ECONOMIST: The death of pope Francis yesterday overshadowed what would have been the US news of the day … all three major stock indexes closed down sharply after President Trump in a social media post called Federal Reserve …

Senator Meets Deported Prisoner

Friday, April 18, 2025

DUE PROCESS: Maryland Sen. Senator Chris Van Hollen met yesterday in a hotel lobby with  Kilmar Abrego Garcia, the Maryland resident wrongfully deported to prison in El Salvador last month.    Van Hollen, a Democratic a member of the Senate Foreign Relations Committee, shared …

Stocks Dive on Economic Prediction

Thursday, April 17, 2025

THE TARIFF ECONOMY: Stocks took another swan dive yesterday following remarks by Federal Reserve Chair Jerome Powell that President Trump’s global trade war might cause inflation, slow economic growth, and bring unemployment.   With Trump’s up and down, on-again off-again tariffs on imports, “Markets …