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  1. TSP Talk: Fed raises rates, remains relatively hawkish

    Stocks gave up some early gains yesterday after the Fed delivered their 0.25% interest rate hike, updated policy statement, and press conference. The choppy action on an FOMC day is typical but the Fed Talk felt like an uncommitted outlook on future hikes or cuts. Perhaps that means more of the same ahead as many of the large cap indices trade in a range. The Dow lost 270-points, the S&P and Nasdaq were down moderately and small caps held up well and and closed flat, although well off their ...
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