tapering
In hisDaily Market Notes report to investors, while commenting on the big Fed meeting, Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more The Big Fed MeetingThe big Fed meeting is here. The most significant news of the week, perhaps of the entire 4th quarter, is whether the Fed will formally announce that tapering will start later this month. How the stock market digests the Fed taking away the punchbowl will be a significant test of equity valuations. Earnings are strong, forecasts for 2022 growth are strong, labor demand is strong, consumer spending is strong, even capit...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on a rebound in the 4th quarter, Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more The NASDAQ joins the Dow and S&P 500 in setting a new all-time high. Inflation numbers eased a bit, energy prices softened, bond yields are stable albeit mortgage rates have risen to April highs, but earnings strength continues to dominate what's moving stocks higher. Ford jumped on a strong beat and reinstated their dividend. Amazon and Apple report after the close and should keep the upward trend on track. This is all on top o...
ValueWalk
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