FOMO Or The Real Thing?
Equities have rallied this week between 1 and 3%, depending upon which market index you're tracking.
Equities have rallied this week between 1 and 3%, depending upon which market index you're tracking.
Markets seem to be in a holding pattern as there is still uncertainty surrounding interest rates, banking solvency, and the debt ceiling.
The long-awaited "pause" in rate hikes by the Fed was met with a rather large "thump."
The most recent economic data and information points to a delicate situation for the markets.
For some strange reason, the Fed appears to be "hell bent" on raising rates next month.
One of the key elements we subscribe to when generating economic and market commentary is going where the data takes us - not trying to put a square peg in a round hole and force data into a certain narrative.