US markets were up in early trade on the back of better retail sales but finished down after a cautious Fed statement noted the sluggish recovery.
Consequently, the Fed have kept interest rates on hold and will push ahead with its additional $600m stimulus package.
Funny old thing sentiment. It was less than a month ago that the announcement of this same stimulus package turned the US markets up following a few days of lower closes as concerns about the recovery grew...hmmm, just wondering which side of the bed I got out of this morning?
Consequently, the Fed have kept interest rates on hold and will push ahead with its additional $600m stimulus package.
Funny old thing sentiment. It was less than a month ago that the announcement of this same stimulus package turned the US markets up following a few days of lower closes as concerns about the recovery grew...hmmm, just wondering which side of the bed I got out of this morning?
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→Push me, Pull you.
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→https://national-grid-news.blogspot.com/2010/12/push-me-pull-you.html
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