CNBC: “A full recap of the Fed’s rate hike and big market rally”
By admin_45 in IN THE NEWS
Excerpt from CNBC quoting DataTrek co-founder Nick Colas:
.... "DataTrek’s Nicholas Colas noted that the market’s set-up heading into the Fed decision “is a near carbon copy” of the last two meetings. After those meetings, the S&P 500 rallied between 5.2% and 6.3% in the following one to two weeks, Colas said"....
Read the full article here on CNBC!