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Following the Federal Open Market Committee (FOMC) meeting, the stock market reacted positively with stocks moving higher, indicating a strong market performance. Equity markets are seen accepting higher inflation in the U.S., leading to outperformance in inflation-sensitive sectors. Gold prices initially surged post-FOMC but later returned to pre-FOMC levels, potentially signaling a shift in equities.
Gold price shot up post FOMC. Took off even before stocks got their acts together. Gold price is back down to its pre FOMC levels. Could be a general 'tell' towards equities. Hangover time. https://t.co/duIeZtOJvH
Post FOMC, equity markets seem to be accepting higher inflation in the U.S. Inflation-sensitive sectors outperforming, long yields up and curve steeper, gold up despite USD strength, commodities flat in face of USD strength. Adjusted for inflation we still haven't eclipsed the… https://t.co/eiM1fAn4jh
Post FOMC, equity markets seem to be accepting higher inflation in the U.S. Inflation-sensitive sectors outperforming, long yields up and curve steeper, gold up despite USD strength, commodities flat in face of USD strength. adjusted for inflation we still haven't eclipsed the… https://t.co/ZHU94Vk03H