On the Horizon

As in the previous weeks, investors are anxiously awaiting the Fed’s
decision regarding tapering. With every dovish word from a Fed official,
investors gain hope and markets post gains; with every hawkish comment
suggesting a closer tapering, investors lose confidence and markets suffer
losses. In the coming weeks, investors can expect further news, and further
market fluctuations surrounding the Fed’s tapering decision. Based on the
meeting minutes released this week, it seems that the markets may need to brace
for a December taper; however, the Fed has surprised investors in the past, and
may do so again, holding off until economic data evinces stronger signs of
recovery.

 

By Chris Conover

Hudson Valley Wealth Management

15 E Central Avenue

Pearl River, NY 10965

info@hvwm.com