DLBS - What Lies Beneath The Fed's 'About-Face' On Normalization?
Weekly Market Compass: On the surface, last week brought good news for stocks, but uncertainties remain
Posted by Kristina Hooper, Chief Global Market Strategist on February 25, 2019, in Market & Economic
Last week was momentous for one specific reason: The Federal Open Market Committee (FOMC) released minutes from its January meeting, which detailed the significant "about-face" that the Federal Reserve (Fed) has made over the last few months. In my view, the FOMC's insights, along with apparent progress in US-China trade talks, could enable stocks to move higher in the short term - but