FOXNEWSW Your World With Neil Cavuto November 28, 2018
Interest rates. All markets closed in positive territory. The dow closing 2. 5 higher for the day. Why is this happening . What did investors take from his comment . The first one, the possibility that there will be a rate hike. More so going into 2019, youll see a slowing down of Interest Rate hikes. Thats because jay powell said theyre just below the neutral rate. When you look at the fed fund rate, which is between 2 and 2. 25 , this is the equilibriueq. The fed chair made a comment saying he sees no dangerous excesses in the stock market. Speaking of the market, lets take a look at the big...