The Fed's doing an awful amount of talking and no action…
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| You'll want to see this | | | | Roger Scott | 20+ years of trading experience managed over $900 million teaching thousands daily. | | | | | World Shares Sink on Lack of Federal Reserve Action | | | | Global stock markets and U.S. futures plunged this morning after the U.S. Federal Reserve announced no major monetary policy changes.
The Fed stated Wednesday its benchmark interest rates will remain near zero until inflation reaches 2%. The U.S. central bank predicts we won't reach that metric until late 2023. However, Fed Chair Jerome Powell assured that unemployed Americans won't be overlooked.
But I think the Fed's all talk and no action…
In today's video, I have more on why market internals are shifting… what unemployment data to expect this week… which sector is leading the overall stock market… and the strongest stock in the strongest sector. | | | |  | Global Markets Mixed Despite Positive Economic Data
| September 15, 2020 | If I've learned anything from the stock market over the past quarter, it's to treat all stocks equally
Continue Reading | |  | Global Stock Markets Subdued Ahead of Federal Reserve Report
| September 16, 2020 | It's anticipated that the Fed will keep short-term interest rates near zero for quite some time.
Continue Reading | | | | |
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