PST - Is Everyone Looking The Wrong Way?
Over the past few months, the investing markets have considered Federal Reserve Chairman Powell enemy number one. Earlier this week, the markets once again showed that America's central bank drives sentiment more than any other factor, forget trade wars, forget earnings, forget political drama, it is the Fed and only the Fed that matters. That may sound somewhat simplistic to all the fundamental analysts and market technicians out there, but let's face facts - it's true.
Even the end of the 35-day long government shutdown barely generated a response from the markets.
What did generate