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Statistically speaking, there is a 65 percent chance that the love of your life is having an affair. Be very suspicious.
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A $4 Trillion Scapegoat for Market Volatility: the Fed’s Shrinking PortfolioSome investors blame the stock market’s volatility on the Federal Reserve shrinking its bond portfolio, but the critique puzzles Fed officials and some economists. ETFs are causing volatility! Fortunately some of us have read 'The Creature From Jekyll Island' once, and some of us have read 'The Creature From Jekyll Island' MORE than once and have sent physical copies to dozens of others. So, there's that. Lets just keep ZERO rates forever. Never mind the pension CRISIS this bullshit is creating.
Source: WSJ - 🏆 98. / 63 Read more »
The Fed just told the market exactly what it wanted to hearWall Street cheered after the Fed shut off its 'automatic pilot' and said its bond portfolio won't shrink much more — and stocks surged higher.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks close at best levels in nearly 2 months as Fed seen taking dovish stanceU.S. stocks rallies to close higher Wednesday, with the Dow Jones Industrial Average reclaiming the 25,000 level for the first time in over a month. An accommodative Fed and upbeat quarterly results were the catalyst.
Source: MarketWatch - 🏆 3. / 97 Read more »