With the S&P up over 2% so far this week, we have begun to see our reflex rally play out as the market is now up over 10% since bottoming out on Christmas Eve,. Yesterday, Fed Chairman Jerome Powell said that the Fed would be “patient” raising rates going forward, which didn’t do much to move the markets, but reinforced the belief that it is unlikely that rates will be going up anytime soon.
Sign up to access the rest of this content!
This content is not available to free users. Sign up for a paid account to access the rest of this content.