Wednesday 21 September 2016

With no rate hike, back to 7

With the Fed still refraining from raising int' rates from the current target range of 0.25-0.50%, US equities have resumed higher. The sp'2200s remain due, not least with global monthly QE of around $200bn, and continuing share buybacks.



sp'monthly9



Summary

Suffice to note... we're back to 100% bullish, as the fed continue to hold off from raising rates.