Market Booms As Fed Pivot Sinks In
Posted on 11/03/2023
The S&P was up .94% today, and the Nasdaq scored gains of 1.38%. While the Fed hasn’t officially thrown in the towel on interest rate hikes, the pivot looks like it has begun. Food, housing, and transportation costs on the rise due to high inflation were key concerns shared by Chair Jerome Powell. He suggested,…
