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How a ‘Fed put’ could leave stock market on path for a ‘late-90s-style meltup’
One strategist sees echoes of the Fed’s 1998 reaction to economic turmoil in the central bank’s policy pivot. Following through could set the stage for a stock-market meltup that echoes the rally ahead of the bursting of the tech bubble, he says.
https://finance.yahoo.com/m/b7e9203...b2/how-a-‘fed-put’-could-leave.html?.tsrc=rss
One strategist sees echoes of the Fed’s 1998 reaction to economic turmoil in the central bank’s policy pivot. Following through could set the stage for a stock-market meltup that echoes the rally ahead of the bursting of the tech bubble, he says.
https://finance.yahoo.com/m/b7e9203...b2/how-a-‘fed-put’-could-leave.html?.tsrc=rss