Cut One, Cut Two, Cut! Cut!
Today we saw the major indices trade in a narrow range up to the FOMC announcement. It was only in the last 30 minutes of trading that saw the selling…
Eureka! We have support?
Well, remember that screaming toddler (the equities market)? Instead of giving them the bag of candy (full point cut) they were given a handful (1/2 point). The problem is, that…
Fed between a rock and a hard place
The equities market wants an interest rate cut by the Fed and they want it yesterday. It was apparent that, much like a screaming toddler, the equities market was disappointed…