Fed did what’s needed. Mrkts way too expensive at this late late point in biz cycle..future earnings fcst aren’t there for such valuations. Add to that the level of chaos and instability of US gov’t + shutdown + Sec Matris resignation. Fed needs to get rates up to normal lvl now.
*tariff man
And last 8 year chart shows the jubilant Ferber created by the Fed! Maybe it’s time to try a different policy!
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Here’s how the Fed has driven the stock market since late November, in one chartInvestors and traders always pay close attention to the Federal Reserve, but developments surrounding the central bank have sparked big moves in the stock market eight times since late November, this chart shows. It appears that the Feds should really build the wall FinBrain has defined a new concept in stock prediction, we model the future price movements of the assets, instead of providing Buy/Sell signals, visit our website for more.
Source: MarketWatch - 🏆 3. / 97 Read more »