Why Did Markets Rally After a Fed Rate Hike?
Real Vision: Finance & Investing
00:00
How in the Hell Does That Make Sense?
The global equity rally that started towards end of powel's press conference has nothing to do with the fete. It was a major reaction from a delayed, major policy unveil by china earlier that day. And what we saw in the three days following f o m c ato roud out the week, that rally was akin to the november 20 20 election. Uncertainty gone and covinvacine development rally. So how in the hell does that make sense?
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