A quiet Fed may be one of the best things for stocks. Here's why

It appears the Federal Reserve just did one of the best things it could for stocks: doing nothing.

Hickey wrote in a recent research note that "the market loves a Fed on hold," and he uses this chart to illustrate the pattern: In situations when the Fed shifts rates in either direction, the S&P 500 typically falls in the four weeks after a decision. Even a rate cut is little guarantee it will set the stage for market gains, according to Hickey.

TradingNation A NON EXISTENT fed is even better...

TradingNation The Fed has been buying $60 billion of T-bills every month. Reserve levels have risen by more than $270B to $1.67 trillion. Taper to $30B per month?

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Coronavirus, repo market and the reserve rate: What to watch this week from the FedPractically no one expects the central bank to move its benchmark borrowing rate until at least September.
La source: CNBC - 🏆 12. / 72 Lire la suite »