The Federal Reserve raised the Fed Funds rate benchmark as expected, but it was their forward guidance about the future of the rate that sent stocks rapidly lower.
The Federal Reserve raised the Fed Funds rate benchmark by 50 basis points as expected, but it was their forward guidance about the future of the rate that sent stocks rapidly lower. In tonight's video, we highlight the fallout across the markets - including bonds, Gold, Oil, Silver, and the US Dollar Index - and what it means as we move quickly toward 2023. We also quickly highlight the stocks that strengthened to new 52-week highs and a major name that printed yet another fresh new 52-week price low...
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