Daniel Shainberg
September 29, 2018
Stock Market Indicator #4
Over the past few decades the S&P 500 has not seen a losing year when the expectation for Fed tightening of interest rates was >75bps.
Starting 2018 the expectation was for 75bps of tightening. Below is a chart of the Fed's latest "dot-plot" showing modest tightening expectations.
Dan Shainberg
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