Overrated Fed Minutes
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ValueWalk
ValueWalk
S&P 500 did slowly grind higher, and the lower volume isn‘t an issue as bonds confirmed amply. The risk-on turn continues, driven by value with tech still saving its bullets. Anyway, the retreat in long-dated yields isn‘t creating headwinds, an no matter the deteriorating earnings, the time to turn really bearish on S&P 500 and Nasdaq hasn‘t come. Q3 2022 hedge fund letters, conferences and more The Fed MinutesNot even the array of events already in and still to culminate with the Fed minutes, is to throw the buyers off balance. Yes, fears of a significant downswing are there, but I‘m not look…