The Fed increased its balance sheet by $2.2 billion in the week ended November 7. Stocks enjoyed a strong rally. The S&P 500 Index rose 102 points. The Fed now has to reduce $52.2 billion this month, assuming they don't make up the smaller reduction in October, in which case the reduction could go as high as $68 billion.
Out Like a Lamb
-
FEEDThe week ahead will wrap up the meat of the earnings season, with
Amazon (Tuesday) and Apple (Thursday) being the highlights.
No comments:
Post a Comment