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What investors have learned one year since the stock market bottomed

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What investors have learned one year since the stock market bottomed

Photo caption: Traders work on the floor of the New York Stock Exchange. NYSE. Article by Bob Pisani. CNBC – March 23, 2021.

It’s the anniversary of the big drop: What’s changed?

Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen are testifying Tuesday before the House Financial Services Committee on the state of the economic recovery from the Covid pandemic.

Investors are expecting Powell to stick to the script — reiterate rates near zero for the next two years. But Powell and Yellen are also expected to be asked what, if anything, they learned about managing the biggest crisis since the Great Recession in 2007-2009. […]

Video: Treasury Sec. Yellen and Fed Chair Powell testify before Congress — Streamed live on Mar 24, 2021.

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Treasury yields slip as Powell’s congressional testimony remains in focus. CNBC – March 24 2021.

What’s the Fed doing in response to the COVID-19 crisis? What more could it do? Brookings – March 30, 2021.

Janet Yellen: Climate change poses ‘existential threat’ to financial markets. Politico – March 31, 2021.

Bullish Jobs Prediction: Bank Of America Says Employment Will Return To Pre-Pandemic Levels By Year’s End. Forbes – April 2, 2021.

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