Here is what you may have missed on Asking for a Trend on Thursday, August 21.
Some may have forgotten, but President Trump was the one who nominated Jerome Powell to be Fed chair during his first term as president. Christopher Leonard, the author of “The Lords of Easy Money: How the Federal Reserve Broke the American Economy,” explains how Trump’s view of Powell changed.
All three of the major averages closed lower on Thursday, Yahoo Finance Markets Reporter Josh Schafer shares what investors need to know from the trading day.
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