Interest rates go up, stock market goes up...wait, that's not right...
financialpoise.substack.com
What Happened? The S&P 500 closed down every single trading day from June 7th through yesterday, and during that time it shed a total of 436.20 points. Yesterday, however, the same day the Federal Reserve raised interest rates by ¾ of a percent (the largest move it has made since 1994), the S&P closed
Interest rates go up, stock market goes up...wait, that's not right...
Interest rates go up, stock market goes…
Interest rates go up, stock market goes up...wait, that's not right...
What Happened? The S&P 500 closed down every single trading day from June 7th through yesterday, and during that time it shed a total of 436.20 points. Yesterday, however, the same day the Federal Reserve raised interest rates by ¾ of a percent (the largest move it has made since 1994), the S&P closed