Marathon Digital: Recent Dip Offers an Attractive Buying Opportunity, Says Analyst

Marathon Digital: Recent Dip Offers an Attractive Buying Opportunity, Says Analyst

Reuters

After historic bull run, Wall St eyes four more years of Powell at Fed

Federal Reserve Chairman Jerome Powell, who presided over a historic run-up in stocks during his tenure, will likely begin his second term amid worries over how rising inflation and looming monetary policy tightening will affect asset prices. Powell replaced Janet Yellen as Fed Chair in February 2018 and has had to steer the economy through its worst crisis since World War Two, as the COVID-19 pandemic battered U.S. growth last year. The S&P 500 has risen around 70% under Powell https://www.reuters.com/markets/us/powells-rollercoaster-ride-fed-enemy-economic-savior-2021-11-22, fueled in-part by extraordinary measures taken during the coronavirus pandemic.

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