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Throw Away the Dot Plot

Tim Mulholland, President, TJM Limited, Chicago

30-Nov-18 07:35

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Throw Away the Dot Plot

Yesterday minutes from the Federal Open Market Committee meeting were released, and it pointed toward a more flexible approach in the Fed’s gradual interest-rate increases -- this is after a ‘baked-in’ December hike, of course. The minutes have also reinforced comments made by Jay Powell a couple of days ago.

So why did US stocks close lower? Has the market euphoria evaporated already?

Tim Mulholland, President of TJM Limited in Chicago takes  a closer look at the reasons why.

Presented by: Melisa Idris, Tan Chung Han


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Tags:  FOMCJerome PowellInterest RatesUS StocksFinancial ServicesEconomy, Markets


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