Hawkish Market Response to FOMC, But We See Overreaction

FS Insight Team

“If everything you try works, you aren’t trying hard enough.”  ~ Gordon Moore

Good evening:

As the week opened, Head of Technical Strategy Mark Newton pointed out that in the past, this week has been one of the worst of the year in a historical/seasonal sense. This trend continued this week, with stocks sliding slightly on Monday and Tuesday, then falling sharply after the FOMC meeting and subsequent press conference. 

“We’ve seen a pretty sharp sell-off in both equ...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In