Finally a stock rout you can`t blame on Jerome Powell
(WorldNews Business)

Two days after central bank policy makers became more dovish than anyone thought possible just a few months ago, stocks just notched their worst day in 11 weeks. Could it be that the economy is becoming a bigger concern for investors than Jerome Powell? It sure looks that way when the sell-off is examined for signals on the economy. Friday´s decline was led by cyclical industries, among them banks - casualties of a flattening yield curve that many would attribute to the Federal Reserve chairman. But it´s drawing steam from a host of other sectors whose profits are directly tied to the economy. `The real underlying catalyst is the question investors are struggling with:...