PVG Market In A Minute - September 13, 2022
September 13, 2022
Given the strength of the market last week, up 3.65% for the S&P 500, from comments made by Fed Vice Chair Lael Brainard, that perhaps after the several months of declining inflation the Fed could be finished. The question and answer were taken out of context in our opinion. The market has a lot on nervous energy, there is a lot of money that has been created and is uncertain of what to do. The market is now clearly fighting the Fed, looking for a pivot.