Fed's Powell sparked a 1,000-point plunge in the Dow. Here's what investors should do next.

Fed’s Powell sparked a 1,000-point plunge in the Dow. Here’s what investors should do next.

Now may be the time to consider taking refuge in short-term Treasuries or corporate bonds and other defensive parts of the stock market. On Friday, Fed Chairman Jerome Powell spoke about willingness to Inflicted “some pain” to households and businesses in an unusually blunt speech in Jackson Hole that hinted at a 1970s-style collapse in …

Fed’s Powell sparked a 1,000-point plunge in the Dow. Here’s what investors should do next. Read More »