The Fed had to get the Dow through 10,000 for reasons of market and consumer psychology. I expect they will hold it there at least a couple of months until it is entrenched. After that quite possibly they will need to start tightening - then maybe cash will be king again.
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |