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There are three reasons why the market rallied today, and two of them will shock you. Just kidding, it’s the Fed.

Wall Street’s Usual Suspects; Royal Drugs and Wireless Bugs June 16, 2020 by Joseph Hargett Great Stuff The Usual Suspects The market’s usual suspects are at it again. I’ll let you argue over who’s Mr. Pink, Mr. Brown, et cetera. There are three reasons why the market rallied today: coronavirus news, economic data and the Federal Reserve. The biggest of these, naturally, is the Federal Reserve. Yesterday, Fed Chairman Jerome Powell announced […]

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