Dashed Hopes

By Roman Chuyan, CFA Investors’ hope that the Fed killed inflation, and would soon end its tightening, fueled the summer market rebound. Chairman Powell dashed these hopes with his August-26 speech. Stocks attempted to rally in the first half of the month but turned decisively down on August 19. The highly-anticipated speech by Fed Chair [...] The post Dashed Hopes appeared first on ETF Trends .