• LinkedIn Social Icon
  • Twitter Social Icon
Follow Gregg Olson
Who's Behind The Blog

Study Finds 60% of Market Gains Came on Fed News

September 30, 2016

Ruchir Sharma,  Chief Global Strategist at Morgan Stanley had an interesting Op-Ed in the Wall Street Journal. In it, he studies the market reaction to Federal Reserve rate hike announcements and found "the S&P 500 index has gained 699 points since January 2008, and 422 of those points came on the 70 Fed announcement days." Statistics are tricky things, but this is worth a read. Wall Street Journal

 

 

Please reload

Resolve Capital Management  431 N Phillips Avenue, Ste 330 Sioux Falls, SD 57104  605-275-3446

Wealth Management for Serious Investors

© 2020 Resolve Capital Management, LLC