The Acceptance Of A More Hawkish Fed
The day after a Fed statement tells a much better story of the market reaction compared to the day of. Today we are seeing US markets sell off and pick up steam from the open. Chris Temple and I address the fact that the Fed really did not surprise anyone with their statement but did drive home the fact that they will be raising rates at least 2 more time this year. We also look look at the USD and related weak European economic data.
Download audio file (2018_05_03-Chris-Temple.mp3)
Click here to visit Chris’s site for more up to date investing commentary.