Tag: Street

The Fed Makes a Mistake and Reversion to the Mean – Guide Rock Weekly Market Commentary Apr-15 FT024

Last week, the term ‘Easy Money’ conjured both comedian Rodney Dangerfield and the U.S. Federal Reserve, and no one was certain how much respect either one should get. The Fed accidentally e-mailed its market-moving Federal Open Market Committee (FOMC) meeting minutes to congressional staffers and trade lobbyists on Tuesday at 2 p.m. The minutes weren’t supposed to be released to anyone until Wednesday at two. Once the mistake was realized, the Fed released the minutes early on Wednesday morning. Listen Mobile:   Markets enthusiastically embraced the minutes which appeared to focus on the idea quantitative easing will continue. The Dow

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