Why Jerome Powell May Have Just Blinked

With the simple statement,“It might make sense to moderate the pace of rate hikes” Fed Chairman Jerome Powell sparked a rally in stocks yesterday, which pushed the S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ) up 3.1% and 3.8% respectively; their second largest rally in over 6 months. The rally meant Options360 had to […]

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