This chart shows the S&P 500 SPY ETF next to the Fed Funds Rate. It seems to be a great reminder that this market is still Fed driven and low rates, at any moment, can support the market.
When they got too high in 2018/19, the Fed cut and the bull run immediately continued. Just keep watching out for any potential hikes in the future. Otherwise...
When they got too high in 2018/19, the Fed cut and the bull run immediately continued. Just keep watching out for any potential hikes in the future. Otherwise...
I work at TradingView helping to build charts, tools, and software for everyone interested in financial markets.
Twitter: twitter.com/scheplick
Blog: scheplick.com/
Twitter: twitter.com/scheplick
Blog: scheplick.com/