| | | The Fed Has Always Moved Markets | | | | Earlier this month, the Federal Reserve raised interest rates. That’s important, but might not be the most important piece of news from the Fed’s recent meeting.
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Older readers will remember Alan Greenspan. Specifically, they may remember Greenspan being followed by cameras as he moved briskly across the street in Washington, DC, on his way to work. Reporters would speculate about what was in his briefcase.
In this article we look back at the days when the briefcase indicator was an important part of financial news coverage. And, we develop an outlook for investors based on what might have in the briefcases of the current Fed chair as she went to work this month.
The article covers:
• How the Fed might look at its role in the economy and what that means to traders.
• What researchers discovered when they considered the briefcase indicator.
• What the Fed said at its meeting about inflation, unemployment and economic growth.
• What those observations might mean to the stock market.
• A chart showing what the Fed’s forecasts could mean about future returns and how traders can prepare for the environment that might exist in the markets for some time.
And more.
Read it here...
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