Posted in
Newsletter
By: Tom Gentile
on December 16th, 2020
1 min read
The Fed went from saying bond purchases would continue in “coming months” to now being a situation they will buy until it sees “substantial progress”. The markets were down on the day prior to this talk, dipped a bit further, but eventually went higher to where the NASDAQ closed at all-time highs, the S&P500 getting close with the Dow lagging the other two.
Tom Gentile
C1P Chief 1-Percenter