Apple back below its 200-day moving average, Goldman in the red for the 4th day in a row and the S&P, Dow, and Nasdaq are all now in the red after such a hopeful open...
"In order for a nation to be great, it needs to be made up of great people, and at this moment it is very difficult to be optimistic about the future of our nation..."
Surprise! A 25bps rate hike - anticipated by 99.9% of the market - has come and gone and the dot plots adjusted to The Fed 'seers' new forecasts, and still the US markets are throwing shade - entirely shunning The Fed's outlook for rates. We're sure Jay Powell can clear up any confusion...