Fed meeting: Why the bear market will stay on the prowl

Fed meeting: Why the bear market will stay on the prowl

Wall Street has previously feared how much the Federal Reserve will raise interest rates — including an almost certain 75 basis point hike on Wednesday. August’s surprisingly hot CPI report sent the S&P 500 down 4.8% last week, as the 10-year Treasury yield hit its highest level since 2011. This setup left the Fed a …

Fed meeting: Why the bear market will stay on the prowl Read More »