Global stocks muted on 1st day of Q4 earnings season as Trump DOJ opens criminal investigation into Fed’s Powell

CryptopolitanJan 12, 2026 5:11 AM

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Stock futures dropped hard after Trump’s DOJ launched a criminal probe into Fed Chair Jerome Powell.
Powell finally fired back after a year of silence, saying the probe is punishment for not obeying Trump’s preferences.
The Fed is expected to hold rates steady on January 28th, and gold just smashed past $4,600/oz as silver exploded to $84/oz as traders panic-bought metals amid the chaos.

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