Mr. Powell Goes to Washington, FedEx Earnings on Tap
Market Recap Markets endured its worst week since March of 2020. The move comes as we exit the artificial world of predictable massive liquidity injections. The S&P tumbled -5.8%, while the Dow and Nasdaq both declined -4.8%. The Dow fell below the 30,000-psyche level for the first time since January of 2021. Small caps were…