Stocks & Bitcoin Pop, Gold Drops As Trump Says "Had No Intention Of Firing" Powell
Update (1800ET): Shortly after the cash market closed, President Trump began talking to reporters and in true Trumpian fashion dropped a couple of tapebombs that have sent stocks soaring, sparks chaos in the FX market, sent gold reeling and bitcoin soaring...
President Trump said he had no intention of firing Fed Chair Powell despite his frustration with the central bank not moving more quickly to slash interest rates.
