It’s been a nasty week in the market, and the cause can be summed up in two words: Federal Reserve.
It’s not always easy to identify “why” stocks move the way they do. So much of the market’s movements appear random at first glance.
But other times — like this week — it’s obvious.
The Fed released the minutes from its last meeting (the one where it decided to implement its first interest rate hike since 2018). And investors were less than happy with the tone.
Two things in particular stood out…
The post The Fed Readies Its $1 Trillion Asset Eraser: 2 Keys for Your Portfolio appeared first on Money & Markets, LLC.