Trade and Recession Fears Versus Federal Reserve Policy

By |2019-08-05T13:55:40-05:00August 5th, 2019|Uncategorized|

Volatility returned to the equity markets when the July 31th Federal Reserve quarter point interest rate cut led to a sharp equity market selloff. The cut was so widely anticipated that Fed Chairman Powell’s statement that little additional accommodation would be needed--drove the equity markets lower. Then the August 1st snapback rally was smashed by