Senator Bets on Small Cap Stocks Ahead of Likely Rate Hike: Why That Could be Risky
A U.S. senator has added small cap stock ETFs to his portfolio ahead of a potential Federal Reserve rate hike. Here's why the timing matters.
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A U.S. senator has added small cap stock ETFs to his portfolio ahead of a potential Federal Reserve rate hike. Here's why the timing matters.
The Dow fell more than 1% and gold swung nearly three points as the new Fed chair reiterated fight against inflation.
The Fed raised rates 25 basis points as 16 of 18 policymakers projected at least one more increase before year-end.
Dovish Hike Hopium Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows
Crude tumbles 3.6% on a Saudi pipeline restart, easing yields and lifting chips, while the Fed prepares its first rate hike in nearly three years.