The Stock Market… It’s a packed week for economic indicators. The week includes retail sales, industrial production, capacity utilization, housing starts, consumer and producer prices, Empire manufacturing, and consumer confidence. That’s jut the U.S. side. Although the week is packed, there’s only one indicator that really matters this week. Wednesday’s announcement from the Federal Reserve. The market widely expects the world’s most powerful central bank to announce no changes to the federal funds target rate, asset purchases, and other tools at the Fed’s disposal. The incredibly loose (some might say weak) position of the Fed over the past 9 years…
Why is The Stock Market So Tough on the Fed This Time Around?
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.