From the Desk - Economic Commentary
Brandon Casey, Member Strategies - 1/12/2026
U.S. stocks are lower to begin the week as investors digest the criminal investigation of Fed Chair Jerome Powell. The investigation by the Department of Justice is centered around testimony Powell gave about the renovation of the Fed’s headquarters. Investors are also monitoring the president calling for credit card interest rate caps of 10%. All three major averages were higher last week, with both the DJIA and S&P 500 closing at record highs.
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