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CNBC: “A full recap of the Fed’s rate hike and big market rally”

By admin_45 in IN THE NEWS CNBC: “A full recap of the Fed’s rate hike and big market rally”

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!

Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.