fedput
In hisDaily Market Notes report to investors, while commenting on the Fed put, Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more Omicron owns the headlines today. Will it make the Fed (Jerome Powell speaks to the Senate Banking Committee this morning) change their tapering plans? Will it slow down holiday mall traffic? Will it postpone travel plans? Will it subdue reopening momentum significantly? Will people project that this might be the first of a long series of breakthrough variants and alter long-term plans? Mind The Treasury YieldsWhile all this sounds a bit extreme...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on the Fed Put, Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more The Fed PutNASDAQ opened this morning to yet another all time high and the FANG names march higher. The Fed Put is alive and well. Today's ADP payroll number, which showed a big miss, took the wind out of the Dow. However, it pumped up the big tech names as a slower pandemic recovery is good for a digitized world and delays Fed’s unwinding of monetary support that is keeping the Fed Put in place. Lower interest rates are generally better for gro...
ValueWalk
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