Analysis: Trump’s Housing Chief’s Post Moves the Market
According to Jinse Finance, the stock market has experienced significant volatility as Bill Pulte, Director of the U.S. Federal Housing Finance Agency (FHFA), shared his views on a range of topics—from credit score-based pricing and cryptocurrencies as collateral assets, to whether Federal Reserve Chairman Powell can keep his job. His online remarks sometimes begin with cryptic introductions, and last Friday even briefly dragged down the S&P 500 index. “His market influence has suddenly turned a previously little-known government official into the focus of business news,” said Steve Sosnick, Chief Strategist at Interactive Brokers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
NVIDIA CEO Jensen Huang to Attend the Third Chain Expo
CLARITY Act to be voted on Wednesday, GENIUS Act scheduled for Thursday morning vote
Trending news
MoreCrypto prices
More








