Trendsignal’s founder and Chief Market Analyst, Jerry Miller, looks at what’s driving the big ‘risk-on’ move in markets over the past two weeks. The American S&P 500 and Dow Jones indices are up over 10% and 14% respectively in the last couple of weeks as traders bet on the Federal Reserve slowing down on interest rate hikes in coming months.
Markets will watch closely for clues in the statement from Fed Chair, Jay Powell, following Wednesday’s rate decision. Watch Jerry’s video for his take on this and other key announcements due this week.
