FYI: In last week’s recap we asked: “Has the Fed solved all the market’s problems in 1 speech?”
Thus far the market says yes! As Guns n Roses preached – all we need is a little “patience”. Four up days followed by a nominal down day Friday had the market following it’s normal pattern the past nearly 30 years – jumping whenever the Federal Reserve hints (or essentially says outright) it is here for the markets. And in case you missed it the prior Friday, Chairman Powell came back out Thursday to reiterate the news – so…so… so… patient!
Regards,
Ted
https://www.stocktrader.com/2019/01/14/weekly-market-recap-jan-13-2019/
