US Market Update – Fed Eases Taper Tantrum Fears

Yields pull back on Fed speak


A relatively calm session on Wednesday, with Europe ending the day a little mixed and US indices edging higher, led by tech.


There’s a lot of US political noise now as far as the markets are concerned. The shocking events on Capitol Hill and now the likely prospect of an historic second impeachment for President Trump is front and centre of the news flow but it’s having minimal impact on the markets.


Investors are far more concerned with the incoming administration and what that means for stimulus prospects and inflation.


Soothing words from Fed policy makers over the last 48 hours have helped take the edge off the yield moves which could provide some relief. I guess we’ll see in the coming days just how much.


Should we see the 10-year drop back below 1%, it would suggest investors are far more at ease with the Democrats stimulus plans and could be bullish for stock markets, no longer held back by the prospect of premature Fed tightening.


The political distraction will likely remain ahead of the inauguration next week as security is ramped up.


Any hopes of an impeachment trial in the Senate over the next week have been quashed by Majority Leader Mitch McConnell who dismissed the idea of reconvening for a trial before Trump leaves office.


Credit 

Caution:

Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognize that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. Smart Analysis Pvt takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.

PayPal

Credit  & Debit Card

  • Black Facebook Icon
  • Black Instagram Icon
  • Black YouTube Icon

© 2023 by Personal Life Coach. Proudly created with Wix.com