Despite Frights, Can The Expansion Continue?
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Published Wednesday, December 31, 1969 at: 2:00 PM EST
As Halloween sweeps in, no shortage of frights haunt investment markets, including the trade war with China, a recession in the manufacturing sector, and unusual U.S. political uncertainty.
Despite the scary possibilities, the worst stock market drops of the past year all followed the Federal Reserve Board's pronouncements, and the Fed has been able to avert the market's worst fears.
For months now, the Federal Reserve, as it works to extend the economic expansion into 2020, has driven the stock market — both up and down.
This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation. Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.
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