Squawk on the Street
Extension of the "Powell Sell-off": How Should Investors Navigate the Markets? 8/29/22
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Show notes
Carl Quintanilla, Jim Cramer and David Faber focused on the markets extending losses from Friday's big sell-off, which was
sparked by Fed Chair Jerome Powell's hawkish comments at the Jackson Hole summit. Where can investors hide in this
environment? Also in focus: Elon Musk in Norway with a message on oil, gas and Tesla, why Chinese stocks are rallying, Senator Elizabeth Warren "very worried" that the Fed could cause a recession, and what SEC Chair Gary Gensler told Jim and David about remote work versus returning to the office.
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