CNBC analysis using Kensho, a hedge fund analytics tool, found the stocks in the Dow Jones Industrial Average with the highest one-day return when the Fed initially cut rates in each cycle going back to 1990.Procter & Gamble takes the cake as the best-performing stock in the Dow on decision day, rising 2.2% on average. Caterpillar and 3M both jumped nearly about 1.9% when the Fed lowered interest rates.
The Fed will announce its latest decision on whether to adjust interest rates at 2 p.m. ET Wednesday.Spencer Platt | Getty Images News | Getty Images The Federal Reserve is expected to cut rates this week for the first time since 2008, potentially giving investors the green light to play offense. CNBC took a look at stocks that tend to pop on the day the central bank pulls the trigger.
No worries folks just another day of computerized organized crime on WS, any day now June & July will be wiped out in milliseconds, past 2 weeks you can really see what a rigged racket the markets really are, same daily BS micromanaged by the financial media carnival barkers lol
Awesome
It’s too late if you haven’t already, you guys. Gotta stay ahead of CNBC.
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