Morning Ideas August 19. 2021
FOMC minutes yesterday rocked the market. They said the economy was doing well enough that they could start to taper the asset purchases.
From what we've been talking about on a daily basis in class, we knew how the market would react to that. However, I do not think the market will just sink from here.
I believe we will bounce today, but it will be a wildly volatile day, IMO.
Good luck out there!
From what we've been talking about on a daily basis in class, we knew how the market would react to that. However, I do not think the market will just sink from here.
I believe we will bounce today, but it will be a wildly volatile day, IMO.
Good luck out there!
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