U.S. Stock Indices Finish Flat for the Week.
As foretold on Monday, U.S. equity indices finished flat for the week. Although there were some sizeable swings triggered by news stories and speculation, for the most part, investors were not willing to take a position in front of next week’s Federal Open Market Committee Meeting. The scenario for next week is simple in my opinion. Maximum liquidity is bullish. Unfortunately the Fed is not going to make it that easy. Guesses are they will provide $1 trillion in new quantitative
U.S. Stock Indices Finish Flat for the Week.
As foretold on Monday, U.S. equity indices finished flat for the week. Although there were some sizeable swings triggered by news stories and speculation, for the most part, investors were not willing to take a position in front of next week’s Federal Open Market Committee Meeting. The scenario for next week is simple in my opinion. Maximum liquidity is bullish. Unfortunately the Fed is not going to make it that easy. Guesses are they will provide $1 trillion in new quantitative