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Fed Policy, Stocks and Bubbles
The record high US equity market is at even greater risk for an intensified decline in light of last week’s Fed decision. Last week, the Fed had plenty of good reason to backtrack on policy guidance and yet, it didn’t.
Audio updatehttps://lemea…
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Pounded from All Sides
It hasn’t been a great 24 hours for the Pound, with the UK currency underperforming on the back of dovish Carney comments, reports of shaky talks between the PM and DUP and a fresh wave of US Dollar demand as Fed speak continues to back up last week’s …