Fed Kicks The Tapering Can Down The Road
In hisDaily Market Notes report to investors, while commenting on the fed kicking the tapering can, Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more As we close August, the stock market has been surprisingly strong, despite relatively low volume, but our friends at Bespoke Investment Group reported last week that the S&P 500 ETF (SPY), in the past year surged 79.8% more on trading days with below average volume than on trading days with above average volume. This may explain why the market has done so well in August – a light month for trading volume. Fed Kicks The Taper...