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.
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