S&P 500 Notches Seventh Consecutive Winning Week, Nears All-Time High
Dec 15, 2023
• 5
Min Read
“My mind's never gone very far away from what I wanted to accomplish.” ~ Dan Gable
Good evening,
Most investors had one main focus this week: December 13, when the Federal Reserve announced that it would leave the Fed funds rate at the same levels they have occupied since July 26, 2023. Before the announcement, the likelihood of the FOMC leaving rates unchanged was seen as a foregone conclusion, and hence priced into the markets. Because of that, the catalyst was expected to be the Fed’s views on the path forward. This includes not just the FOMC’s Summary Economic Projections (S...