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Archive of entries posted on 20th December 2018

You can’t fight the Fed.

In yesterday morning’s blog, I agonized about why the market suddenly turned in October. Dah! Here’s the chart. SPX is the S&P500. The Fed does a great job of tanking the stockmarket. It’s had lots of practice. Yesterday the Fed raised interest rates and said it might raise rates twice in 2019. Yuch. Joel Ross […]