Thanks to today’s Federal Open Market Committee meeting, the U.S. Federal Reserve has decided to continue its current pace of stimulus tapering. Stocks rose on the news, with the Dow reaching a new closing high. “The Fed seems to be putting aside the weakness in the first quarter that the market reacted to this morning,” Walter Todd, chief investment officer at Greenwood Capital Associates LLC, said. “The statement seems business as usual, and perhaps if you’d seen the Fed react more dovish to a weaker first quarter, that would’ve been more negative.”
In retaliation for the economic sanctions imposed on Russia, Russian President Vladimir Putin has threatened to escalate “economic warfare” against the West by making it increasingly difficult for foreign firms to invest in his country’s vast oil reserves.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:
Get free access to "Millionaire Maker" Hilary Kramer's latest report 3 Biotech Breakthroughs To Bank On. Simply tell us where to send it in the box below.
*Along with my FREE report, Hilary Kramer's 3 Biotech Breakthroughs to Bank On, please also send Hilary's free weekly e-letter, Trading Desk. We value your privacy. You will not be spammed, ever. Period.