What’s next ?22 Mar 2019 08:40
So the fed has gone completely dovish from the Wednesday meeting. So no rate hikes this year. That helped the uproar in equity markets yday. So what’s next now! Well if we get a USA and China trade deal, likely to get all time high in equity markets- which should boost up all stocks including boohoo. If we don’t. It’s a tough one. Markets are close to all time highs in the USA. BUT what would be the next catalyst- as tbh the dovish fed also causes concern- if the economy is as good as the fed is claiming- there actions are clearly not showing it. I’m fact a 50% chance according to Bloomberg future traders that there will be a rate cut next year. This market has been one of the toughestt in the last two decades!