The stock market climbed on Wednesday after the FOMC minutes came out at 2 PM EST. Following the minutes, the market stabilized until the last 90 minutes of the day where it rose 0.3% -0.4% for the day.
The Fed most likely will continue to raise the interest rates to 75 bps.
All of this happened while investors are moving to “Extreme Fear” on the Fear & Greed Index. Makes total sense…
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