New York Times (December 14)
2023/ 12/ 16 by jd in Global News
“The markets have been climbing since July — and have been positively buoyant since late October — on the assumption that truly good times are in the offing. That may turn out to be a correct assumption,” but the Fed “went out of its way to say that it is positioning itself for maximum flexibility. Prudent investors may want to do the same.”
Tags: Assumption, Buoyant, Climbing, Fed, Flexibility, July, Markets, October, Prudent