Stock investors fared very well under Powell. Bond investors, not so muchPosted by MarketsWireInvestors are starting to draw conclusions on what Powell's tenure has meant for Wall Street.2 repliestomspark wrote:That's kind of how it always works though — lower rates pump equities, higher rates hurt bonds. Powell didn't invent that trade-off, he just managed it differently than Bernanke or Yellen would have.tomspark wrote:Bond investors got crushed while stocks went crazy — that's just what happens when rates stay low for a decade and then jump. Powell wasn't great at signaling, but the Fed had a job to do.