Christine Hughes, Chief Investment Strategist, OtterWood Capital, mocks the Fed’s decision yesterday as “none-and-done.” No one knows what’s next. Confusion reigns. It hit the markets hard today, and bank stocks even harder.
“Flip-Flopping is a confidence killer,” she says in this brief video:
This Chart Shows: Investors Are Losing Faith in the Fed. Read… A Change in Market Dynamics I Find Particularly Troubling