On the SPOT blog (09/09/2022) [S..]
Wall Street broke its weekly losing streak as it appears to be recovering from rate hike worries. I think that from now until FOMC meeting (in week after next), Fed officials are in a "no commenting" zone. This might have played a role in all three major indices finishing in an "emphatic" green. CPI data (due next week) will perhaps determine how the markets react next week.
Want to read more?
Subscribe to www.gammathworks.com to keep reading this exclusive post.
Subscribe Now