Here’s Why the Market Is Volatile

Interest rate hike and most officials believe there will be another one in December.

PRE-OPEN MARKET COMMENTS THURSDAY - Why did the market drop after the FOMC Statement and why did it bounce this morning? Most traders can rationalize the drop. Interest rates are at multi-year highs, inflation is rising, there could be another rate hike in December and economic growth is good, but not great. Seasonal weakness should push the market down.

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