Email of the day on the Fed is the one that usually kills bull markets
Comment of the Day

September 27 2021

Commentary by Eoin Treacy

Email of the day on the Fed is the one that usually kills bull markets

Greetings, this has been our understanding as far as I can remember. The Fed has stated unequivocally that he intends to accelerate the date for the taper. The Fed mandate is employment and bring back inflation, both seem to be happening. Still Mr. mkt did not react, or did it? in some segments.

Maybe other will wonder as well, can you comment pls

Eoin Treacy's view

Thank you for this question. I agree, David often said “the Fed has killed off more bull markets than all other factors combined”. Therefore, we need to pay attention to what the Fed is saying in terms of their willingness to introduce a quick pace of tapering and to begin a new interest rate hiking cycle.  

Click HERE to subscribe to Fuller Treacy Money Back to top