2015-12-17

FED Aftermath: Stocks Fall, Markets, Economy, Commodities (video)

S&P 500 Index, December 17, 2015
S&P 500 Index, December 17, 2015 (source: google.com)
"U.S. stocks dropped, ending the Standard & Poor’s 500 Index’s three-day rally, as investors moved past the Federal Reserve’s interest-rate increase and returned their focus to weakness in commodities and prospects for global growth. A stronger dollar in the wake of the Fed’s move weighed on energy and raw-material shares, as crude tumbled below $35 a barrel... The [S&P 500] index slipped below its average prices during the past 50 and 200 days." - source: U.S. Stocks Erase Post-Fed Rally, Commodity Shares Lead Retreat - Bloomberg Business



Bond markets discount Fed’s estimates | FT Markets - FT markets editor Michael MacKenzie assesses market reaction to the Federal Reserve’s rate rise. He examines the discounting by bond markets of the Fed’s view on future rates and the possibility of a volatile 2016 if there is a firmer US recovery. Published on Dec 17, 2015


Above: Excerpt from "Economic projections of Federal Reserve Board members and Federal Reserve Bank presidents under their individual assessments of projected appropriate monetary policy, December 2015." Advance release of table 1 of the Summary of Economic Projections released with the FOMC minutes. See the full documents and notes here and below:

Information:
FOMC Meeting Statement:
PDF | HTML (Released December 16, 2015 at 2:00 p.m.)
Projections Materials:
PDF | Accessible Materials
Transcript (205 KB PDF)

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