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#Nasdaq v/s #FedFundRate:
Few comparisons of Fed's recent hawkishness with Powell's extreme hawkishness in late 2018
Nasdaq dropped 22% in Q4'18; currently 5.0% off its peak
1. Fed not really as hawkish as 2018
2. Fed has learnt when to back off. Or has it?
@saxena_puru
Few comparisons of Fed's recent hawkishness with Powell's extreme hawkishness in late 2018
Nasdaq dropped 22% in Q4'18; currently 5.0% off its peak
1. Fed not really as hawkish as 2018
2. Fed has learnt when to back off. Or has it?
@saxena_puru
Few news reports from that time:
"Federal Reserve raises rates despite signs of economic softening"
edition.cnn.com/2018/12/19/bus…
politico.com/story/2018/11/…
"Federal Reserve raises rates despite signs of economic softening"
edition.cnn.com/2018/12/19/bus…
politico.com/story/2018/11/…
