• Seth Golden posted an update 6 years, 6 months ago

    Lot of uncertainty gathered by the market’s reaction to the Fed press conference, but all-and-all I viewed it as bullish for the economy and benign to markets. Did not tilt toward 4 rate hikes, raised GDP forecast, hinted at concerns surround tariffs. We’ll see how Asia does overnight, but at present I don’t see the concerns. Might be trading on technicals which show the S&P 500 below the 50 DMA.

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