Stocks Pass 5,700 Milestone Post-FOMC, Ahead of Pre-Election Final Stretch

FS Insight Team

"I have been a sentient being, a thinking animal, on this beautiful planet, and that in itself has been an enormous privilege and adventure.” ― Oliver Sacks

Good evening,

FOMC Day has come and gone, and the Federal Reserve has put an official end to one of the most aggressive hiking cycles in Fed history. Investors were nervously optimistic before the Federal Open Market Committee concluded its meeting on Wednesday, debating whether the Fed would decide on a cut of 25 bp or 50 bp. As implied by Fed Funds futures trading, there were supporters on both sides of the issue, but in the h...
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