Market Segment: 3 Events That Rocked the Rally

The markets had a negative week this past week, but why? What rocked the rally? There are three reasons: 1) The Fed’s decision to raise the Fed funds rate by 0.75%, bringing the rate from near zero to 4.0% this year, and 2) the recent JOLTS report, and 3) PMI – manufacturing index results. Hear The Sandman’s more detailed analysis of the stock market and economy in this week’s market segment.

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