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Transcripts for MSNBC Morning Joe 20240604 10:22:00

Reserve and chairman powell can control are the great policies in america. the amount of cash there is in the financial system. of course, in the past, the fed kept interest rates low and lots of cash in the system. this time, it has to raise interest rates to remove cash from the economy in order to keep that cash from chasing fewer goods and services. that, of course, leads to inflation. the result is a market that has to grapple with higher rates and what it means for a possible economic slowdown, but also what stocks should be valued at in a world where you can get increasingly higher risk-free returns from u.s. government bonds. that valuation concern, guys, hit tech and tech-related stocks the hardest. the biggest companies in america, the tech ones, guys, lost over $1 trillion in value in just three days time. to put that kind of put some numbers around it, apple lost around $220 billion. tesla is down about $200

Course
U-s
Chairman
Cash
System
Amount
Interest-rates
Policies
Fed
Lots
Reserve
Inflation

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