QMJ - Fed Minion 'Accidentally' Signals Tighter Monetary Policy As S&P 500 Investors Shift Focus Toward 2021

September, 29 2020 07:04 AM Direxion S&P 500 High minus Low Quality ETF

We anticipate investors may switch their focus back and forth between 2020-Q4 and 2021-Q1 several times before the end of the 2020 calendar year.
Chicago Fed President Charles Evans 'accidentally' set a new expectation the Fed's future monetary policy would be less expansionary than it previously communicated it would be in announcing its new average inflation target policy.
There was quite a lot of noise coming from the Fed's minions in the trading week ending on September 25, 2020, mostly calling for the U.S. government to step up its fiscal stimulus efforts.

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Company Name:	Direxion S&P 500 High minus Low Quality ETF
Stock Symbol:	QMJ
Market:	NYSE