On Wednesday, Fed Chair Jay Powell shifted his messaging just enough to cancel the Grinch from stealing Christmas this year. In his prepared speech on Wednesday he made the following statements which eased market participants’ jittery sentiment over the past few days: In the press conference Powell made two unexpected statements: 1. “I don’t want … Continue reading The “Grinch Has Been Cancelled” Stock Market (and Sentiment Results)…
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The “Grinch Has Been Cancelled” Stock Market (and Sentiment Results)…
On Wednesday, Fed Chair Jay Powell shifted his messaging just enough to cancel the Grinch from stealing Christmas this year. In his prepared speech on Wednesday he made the following statements which eased market participants’ jittery sentiment over the past few days: In the press conference Powell made two unexpected statements: 1. “I don’t want … Continue reading The “Grinch Has Been Cancelled” Stock Market (and Sentiment Results)…