Global Stock Markets Sink on Lack of Federal Reserve Action

The Fed's doing an awful amount of talking and no action…

Published: September 17, 2020

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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.

Get today's market action

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Global Stock Markets Subdued Ahead of Federal Reserve Report



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