• Financial ETFs are Suffering

    5 monthes ago - By ETF Daily News

    From Ben Hernandez : “There's a lot of nuance in the decision. I think what's pretty clear from the statement is Powell is not poised to turn sharply dovish,” said Brian Dangerfield, macro strategist at NatWest Markets. “The Fed is going to be data dependent, but the data on which they are depending has not slowed dramatically.”
    Tight Won't Make Markets Right
    The Fed Chair also made mention of reducing its balance sheet, which traders view as a tightening policy that would signal more rate hikes-something the markets don't want to hear at this point.
    “It just reinforces that between the...
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