Markets are giving the Fed the middle finger - The Australian Financial Review


8/21/2022 12:00:00 AM2 years 8 months ago
by James Thomson

The adage says investors should never fight the Federal Reserve, but this latest rally suggests otherwise. That will worry Jerome Powell before his big week.

The old market adage says investors should never fight the Fed. But stories like Freemans and the broader rally seen since the market bottomed in mid-June the S&P 500 is up 15.3 per cent, the Nas… [+5783 chars]

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