Markets are nervous, but Main Street isn’t: Wells Fargo’s CEO is flagging the economy

Charlie Scharf and Wells Fargo bank

Wells Fargo Chairman and CEO Charlie Scharf discusses the resilient US economy amid geopolitical risks and market uncertainty on ‘Mornings with Maria.’ Despite a 50% increase in oil prices and the growing conflict involving Iran, Wells Fargo CEO Charlie Scharf reports a disconnect between market volatility and the health of the global economy. “So, separate … Read more

Wall Street indexes often fall as the Iran war escalates

Traders work on the floor of the NYSE in New York

Asset managers receive benefits after the 401(K) guidelines of the labor department The Fed’s Powell flags confirmed inflation expectations Consumers are weighing Trump’s stance on Iran Indexes: Dow up 0.1%, S&P 500 down 0.4%, Nasdaq down 0.7% March 30 (Reuters) – Major US indexes fell on Monday as US President Donald Trump’s new warning to … Read more