The Market Is Blowing Off What the Fed Is Saying About Rates

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The Wall Street axiom warns to “never fight the Fed.” But that’s exactly what traders are doing, and it could spark a rally in some of the forgotten corners of the stock market.

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JPMorgan Warns of a Shock to Stock Market’s Calm From CPI, FedWall Street’s most prominent trading desks from JPMorgan Chase & Co. to Citigroup Inc. are urging investors prepare for a stock market jolt this week after the latest inflation print and the Federal Reserve’s interest-rate decision, both of which arrive on Wednesday.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Fed appears to be the market's 'friend' this cycle: StrategistThe Federal Reserve has left interest rates unchanged as inflation continues to cool. Oppenheimer chief investment strategist John Stoltzfus joins Morning...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »