Key Takeaways
- FOMC Meeting Wednesday
- Interest Rates Pushing To Levels Not Seen In Over A Decade
- Oil Continues Moving Higher
Heading into last Friday, market volatility wasn’t really suggesting anything to worry about and perhaps we’d even have a slow triple witching (expiration of listed options, futures and options on futures). Then again, markets have a way of catching you just when everything seems quiet. The S&P 500 dropped 1.2% and the Nasdaq Composite fell 1.5%. However, despite those losses, markets were relatively unchanged for the week and volatility continues to hover at its recent low levels. The big story this week will be the Fed meeting at the conclusion of which, it’s highly expected interest rates will remain unchanged.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased