Wednesday, January 29, 2020

Time to sound the all-clear?

Mid-week market update: I am old enough to remember that one of the burning question for the January FOMC meeting was be whether the Fed would make a technical adjustment on Interest Paid on Excess Reserves (IOER) by 5 basis points. (They did).

Those were simpler times! The stock market rose relentlessly, day after day, and all was well in the land.

Now that stock prices have turned back up again as I had suggested (see Buy for the Turnaround Tuesday bounce), is it time to sound the all-clear and jump back into equities again?

Based on the historical experience, here are some questions that should be answered.

The full post can be found here.

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