Tag: Federal Reserve
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S&P500 down 2.5% year-to-date
The S&P500 is down 2.5% year-to-date and has lost support at all the key levels- 50, 100 & 200dma. Is the global secular slowdown finally effecting the US stock market or is this simply another temporary meltdown ahead of the FOMC meeting? (Whereby the markets shoot up after the Fed postpones a rate hike.) I…