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I get that - but why was this not priced in? Interest rate rises and tapering of QE has been on the cards for a while. The economic impact of COVID is inevitabl
by axg11 4y ago
I get that - but why was this not priced in? Interest rate rises and tapering of QE has been on the cards for a while. The economic impact of COVID is inevitably transient. Why has this suddenly dawned on the market?
- streetcat1 4y agoI think that the market looks for the next fed put level. I.e at what point the administration tell the FED that enough is enough. Until this happens it would just go down.