Jeff Bezos knew this day was coming. Back in April the Amazon boss warned of an impending market slowdown, tweeting that the epic tech boom experienced during the last two years could not last for ever. “Most people dramatically underestimate the remarkableness of this bull run,” he said. “Such things […]
Bust
Text size Federal Reserve Chairman Jerome Powell at a news conference on Wednesday, Dec. 15, 2021. Michael Nagle/Bloomberg You didn’t think it would be that easy, did you? We’re referring, of course, to the Federal Reserve’s shift to inflation-fighting from a policy of economy boosting. When the Fed announced on […]