Most American stocks peaked out after Jerome Powell received a second term as the Chairman of the Federal Reserve, on Monday. The dollar rallied, and gold dropped. Investors now wait for Fed minutes and critical economic data. Will they resume their trend afterwards, or has it run its course?
COVID-19 restrictions have disrupted trade to the greatest extent since WWII, increasing costs for companies, who are passing on those higher expenses to consumers by raising prices. Will higher product prices hurt company profits?