Monday, November 4, 2019

The Fed gives stocks free rein to run. Can the rally continue?

Last week’s Federal Reserve (Fed) meeting proceeded largely as expected, but a very important development for stocks occurred during the follow-up press conference. As expected, the Fed decided to cut rates by 25 basis points. Additionally, in its announcement, the Fed removed the language that stated it would “act as appropriate to sustain the expansion.” […]

source https://thebtrader.com/2019/11/04/the-fed-gives-stocks-free-rein-to-run-can-the-rally-continue/?utm_source=rss&utm_medium=rss&utm_campaign=the-fed-gives-stocks-free-rein-to-run-can-the-rally-continue

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