Subscriber post.
The stock market spent the first half of the Wednesday session in the red, but surged into the green following the latest policy statement from the FOMC. The S&P 500 settled higher by 1.2% with all ten sectors ending in the green.Good action.
Janet Yellen went from job worries to the lack of inflation as her most important data point. Ultimately she will review rainbow unicorns and leprechauns as her justification for low rates. It is what it is and she wont have the market crash on her watch. She’s adorable and we love her.