Fed Hawks Run Into Financial Wall
Equities suffered the worst losses in more than 6 months as the Fed’s game of double-speak turned costly.
Equities suffered the worst losses in more than 6 months as the Fed’s game of double-speak turned costly.
Equities broke a 4-week losing streak as economic data helped relieve Fed fears, temporarily.
Equities were mixed and bonds were down as the Fed plastered the market with hawkish speeches last week.
Markets returned to the typical pattern of moving on every breath of the Fed last week.
Markets survived the Fed meeting last week, as most sectors were higher after the 25 basis point rate hike.
Equities rallied last week in the absence of Fed speakers, while Fixed Income was mixed.