Trading Notes:

Fed Chair Jerome Powell stated that markets are functioning orderly and reasonably, despite recent volatility. He emphasized that the Fed is unlikely to intervene unless conditions worsen significantly.

U.S. markets experienced turbulence on April 21, 2025, as President Trump's criticism of the Federal Reserve and ongoing trade tensions led to declines in stock futures and a sharp drop in the dollar.

An exploration into the lesser-known history of America's financial systems reveals the Secret Service's original role in combating currency counterfeiting.