Usually there will be a small 20-40 point selloff on the dow for the first 5-10 minutes following fed comments and then the market will surge.
When the fed talks about slowing growth and possible recession this is bullish because it means more rate cuts and lower rares equals higher commodity prices which is good for multinational industrial stocks.
Slow growth is bullish. Sounds paradoxical but it's true.
When the fed talks about slowing growth and possible recession this is bullish because it means more rate cuts and lower rares equals higher commodity prices which is good for multinational industrial stocks.
Slow growth is bullish. Sounds paradoxical but it's true.
