📈 Stock Market Plummets After Fed Decision - Is It Over?
Daily Stock Market News
English - December 15, 2022 16:25 - 16 minutes - 15.3 MBInvesting Business stock trading investing stock market stock market update stock market news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 📈 Wild Ride: What Will Powell Do Today?
Next Episode: 📈 Stocks Crash: Recession Fears Intensify
Here's what is happening in the markets today, Thursday, December 15th
Fed increases interest rate 50 basis points to highest level in 15 years
Forecast raising rates until 2024, higher “terminal rate” of 5.1%.
Powell ignores lower CPI data
Stocks drop after the decision
S&P 500 falls below its 200-day moving average and below the 4,000 level
Interesting: VIX (Fear Index) also lower
… and much more
PLUS: How we trade these markets and our current positions
This wraps up today's stock market news.
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