Market Makes All-Time High

Institutions decided the FOMC Statement was bullish!

PRE-OPEN MARKET COMMENTS THURSDAY - After the biggest rate cut in years, the market barely moved yesterday. That was a little puzzling since a 50 basis point rate cut was the best possible scenario. The Fed is dovish, inflation is easing and economic data points remain stable. Powell said that they are not going to wait for a downturn in employment to act. The Fed doesn't see any warning signs and they are being proactive.

Daily Bulletin Continues...