Tag: odom and frey
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Market Commentary
After a dramatic pullback off of new highs, the S&P 500 is now consolidating the gains made over the past few weeks. We continue to see signs of a pull back. We are not expecting an end of this rally just a normal correction within a larger bull market. We see a pullback of roughly…
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Economic Fundementals
This week was quite active on the U.S economic front. Several key announcements gave traders insight into the fundamental factors driving the foreign exchange market. The first major event was Tuesday’s FOMC meeting on interest rates, the result of which left the target rate unchanged at 5.25%. The committee cited a substantial slowdown in the…