Connect with us
The S&P 500 dropped for the third straight day after minutes from the U.S. Federal Reserve indicated that the Fed is considering beginning tapering its stimulus in the next few months.

archive

Fed Considers Tapering, Stocks Drop

The S&P 500 dropped for the third straight day after minutes from the U.S. Federal Reserve indicated that the Fed is considering beginning tapering its stimulus in the next few months.

Fed Considers Tapering, Stocks Drop (Bloomberg)

The S&P 500 dropped for the third straight day after minutes from the U.S. Federal Reserve indicated that the Fed is considering beginning tapering its stimulus in the next few months. ??We??ve also had a very, very good year, so this may be a decision-making point for those who have enjoyed a very good return in the equity market,? Paul Mangus, head of equity strategy and research for Wells Fargo Private Bank in Charlotte, North Carolina, said. ??The minutes were a continuation of what the [Federal Open Market Committee] has been saying all along.?

Written By

Advertisement
Advertisement

TRENDING NOW:

archive

Fed Considers Tapering, Stocks Drop

Fed Considers Tapering, Stocks Drop (Bloomberg)

The S&P 500 dropped for the third straight day after minutes from the U.S. Federal Reserve indicated that the Fed is considering beginning tapering its stimulus in the next few months. “We’ve also had a very, very good year, so this may be a decision-making point for those who have enjoyed a very good return in the equity market,” Paul Mangus, head of equity strategy and research for Wells Fargo Private Bank in Charlotte, North Carolina, said. “The minutes were a continuation of what the [Federal Open Market Committee] has been saying all along.”

TRENDING NOW:

THE TRUTH ABOUT GLOBAL WARMING: REAL THREAT OR HYSTERIA?

archive

Dystopia Alert: A Decimating National Debt

archive

Guest Columnist: Why We Must Have a Border Wall

archive

Rising Social Agenda Brings Luster to Qualified Dividends

archive

Connect