Since the March lows, we have seen the Fed do incredible things never seen before. It started with conventional things (like slashing rates and providing liquidity to markets) and quickly spiraled into modern day money printing via debt monetization and, even more drastically, buying corporate junk bonds.
Sometimes the Federal Reserve releasing news can be a non event for the market. Other times it can cause the markets to create wild swings up or down depending on the market’s reaction to the announcement. There are several things to keep in mind when a Fed Announcement is going to occur: 1. Is the … Read more
Danielle Shay discusses the continued stock market decline on Yahoo Finance, The Final Hour with Seana Smith, after the Plunge Protection Team was called in late Sunday evening. Will the comments by Treasury Secretary Mnuchin be a catalyst to bring the market higher? Danielle doesn’t think so, calling it a weak attempt to assuage investor … Read more