whats a fed meeting and waht is it about, whats it do what does it do for the trader and or the stocks??
Posted by VNGNTN1 on :
The heads of each of the Federal reserve banks meet. If they decide to raise ,hold, or Lower short term intrest rates banks charge one another over nite. The market reacts accordingly. VAN
Posted by Machiavelli on :
The Fed: Alan Greenspan & his Posse
The Fed Meeting: To decide to raise interest rates or not
The Result: Rates go up stock market tends to go down.. bond market goes up ... good time to "short" stocks ...