MARKET RESPONSES TO FED (IN)ACTION
Submitted by Flynn Zito Capital Management on June 21st, 2023_0.png)
As the economy is likely downshifting, investors should take heed that the Federal Reserve’s (Fed) current stance is eerily similar to early 2007. During that time, the Fed held a tightening bias since they believed the housing market was stabilizing, the economy would continue to expand, and inflation risks remained.