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[story] jYMBcFsUUD
I'm retired http://rockettube.fun/ rockettube Certainly, we can’t argue with the fact that the 1.6% yield on the 10-year U.S. Treasury seen in early-May provided less competition for equities than the current 2.6% level, but we have long believed that the Fed will require a significantly stronger economy (hardly a negative backdrop for corporate profits) before it actually would consider tightening monetary policy. The statement following the Federal Open Market Committee meeting on Sept. 18 said as much: “To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the asset purchase program ends and the economic recovery strengthens.” In short, the Fed is likely to remain friendly for the foreseeable future.
Author: Nelson    Date: 7/8/2019 Response to this message
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