Why Did Markets Rally After a Fed Rate Hike?
Real Vision: Finance & Investing
00:00
The F Om C Is Going to Overshadow the Nike.
Bennington: There's two things going on here. The first one, i think, is just a good old fashioned short cover that really kicked off with the fed meeting last week. And then we got that relentless surge in the market that is continued. That was coupled with an announcement out of china two days ago that the chinese government, after bludgeoning their technology companies and most of their companies for the last year, has finally called it off. We saw an enormous short squeeze. I mean, some numbers that you'd only see in the crypto space. Now whether or not that meanders into managers are going to say, given everything i see, i want to com new
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