FYI: Weekly Stock Market Recap – Jun 30th 2019
It was a relatively quiet week of consolidation as Fed head Powell janked the market’s chain with “wait and see” – as we know by now what the market wants, the market gets. It wants a rate cut – and come July it will be delivered or a massive selloff will ensue …..which will just mean the Fed will run in and cut rates anyhow. That said it was entertaining to watch the word smithing this week.
Regards,
Ted
https://www.stocktrader.com/2019/06/30/weekly-stock-market-recap-jun-30th-2019/