Jack points out two things about the Fed meeting today: the first is that the Fed acknowledged that there are international risks. Meaning that acknowledge there are risks being posed by a slowdown and that it will affect the U.S. economy and currency. Second, is that there was a dissenting vote, it was not a unanimous decision. The dissent wanted to raise rates. The real path towards normalcy will take Fed to 2-3 rate hikes over the next year. Jack urges viewers to pay attention to how the market digests all this news.
Market Update: Politics & Fed Meetings
Today, Jack Bouroudjian reminds us of the upcoming events that could impact equities markets, the politics playing out in D.C….
Market Update: Bounce Back
Equity indexes bounced back today after a lessening of geopolitical tensions with North Korea. But is it a real bounce?…