EEFT - This Stock Reset Requires Patience
Halloween is here, but the goblins seem to have lost their way into the stock market. And they're creating havoc! The relentless volatility and a drip of near-daily 1-2% decline are darkening investor confidence and making it a month of terror.
What started as a question of whether the Federal Reserve is turning more hawkish by suggesting that a neutral rate, which is the level at which the Federal Funds Rate is neither stimulative nor restrictive, is still far away, has now snowballed into a question of whether even the next two interest rate increases,