As the Market Tanked, Fed Chair, J. Powell, Made a Multi-Million Dollar Sale
Posted On October 21, 2021
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The Federal Reserve chairman, Jerome Powell, sold millions of dollars in stock funds as the market tumbled in October of 2020.
Powell sold between $1 million and $5 million worth of stock from his personal account on October 1, 2020.
A series of Sales anywhere between $15K and $250K on Dec 18, jus 2 days after the Fed’s Dec 16 FOMC meeting, in funds such as the MSCI EAFE ETF (EFA) and RUT Russell 2000 ETF (RUT).
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- Lucas Collins is a writer for NRN. He strives to write timely, thought-provoking articles.
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