Chamath Palihapitiya Warns Fed And Trump May No Longer Rescue Markets As Bottom 50% Of Americans Have 'Zero Interest' In Stocks - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
1. Global markets face significant selloff amid economic concerns. 2. Top 10% of Americans hold 88% of equities, increasing inequality. 3. Palihapitiya warns of potential lack of market bailouts. 4. Major tech stocks, including AMZN, affected by volatility. 5. Powell cautions against quick rate cuts despite external pressure.