We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
We can all remember back 2-3 years ago when every whisper from the Fed was a market mover. But truly they have been out of the picture for the better part of the past year. That's because they finally dialed in the clarity of their message so that each action was well understood in advance.
So here comes the June 14th FOMC Meeting announcement. According to the CME, investors fully expect a rate hike on the way.
This means that the lack of a hike would be the most shocking and harmful event to the market. That is because investors would assume the Fed is not comfortable with economic growth prospects. That would likely send stocks lower as recent optimism would have to be curbed.
The odds of that are very low, but an possibility that active traders should be prepared for.
Best,
Steve Reitmeister
Executive Vice President, Zacks Investment Research
Our 5 best-performing strategies have blown away the S&P's +18.8% compounded gain from 2016 through Q1 2017. Amazingly, they scored +90.2%, +94.7%, +97.8%, +128.0%, and +157.0%.
Today you can access their live picks without cost or obligation.
House lawmakers passed the "crown jewel" of the GOP-led regulatory reform act, which effectively gutted the Dodd-Frank regulations of the Obama administration. Read More »
Before you make a trade, get today's market news from Zacks' latest Ahead of Wall Street article. With timely information from Zacks' analysts, each daily article features a preview of where the market is headed. Plus, Bull and Bear stocks of the day, Zacks #1s on the move, stock research reports, earnings and economic news, and a top-headline analyst blog. All of it in one easy-to-follow place to give you the edge.