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Market Impact: 0.45

2 Areas of Wall Street to Avoid This Fed Week

Source: schaeffersresearch.com

Monetary PolicyInterest Rates & YieldsMarket Technicals & Flows
2 Areas of Wall Street to Avoid This Fed Week

Market-implied odds of a 25bp Federal Reserve rate hike next Wednesday rose to 87% from 70% on Thursday. The article notes that the Nasdaq has historically tended to underperform following rate increases, creating a near-term headwind for growth and technology equities.

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