Transcript: Tom Vaughan: Everybody, welcome to Wednesday, the S&P 500 was up almost 1%, today. All of the indexes were up a lot. The Russell 2000 was actually up 1.6%, today. Really strong day. It started off with the big company in China, called Evergrande, that has $300 billion in debt who had $84 billion
Transcript: Easan Arulanantham: Chairman Powell’s term is ending in February. How does that kind of play into the market, too? Tom Vaughan: Yeah. This is a question that came in, I think this is kind of interesting. So Chairman Powell is the chairman of the Federal Reserve. So the Federal Reserve, they do lots of
Transcript: Easan Arulanantham: So another news event that’s been kind of… been pretty prominent this week is, “The Republicans are refusing to raise the debt ceiling. Should I be worried about the market, and what kind of volatility should I expect?” Tom Vaughan: Okay, so, in my opinion right now, this is the reason the