TommyIV's TSP Talk Blog

Stock had a volatile reaction to the FOMC meeting this week that ultimately led to deeper losses in the indices. The Federal Reserve raised interest rates this week by 0.5% for the first time since 2000, and it was their second consecutive meeting where they raise rates. Stocks soared following the FOMC press release. It was an emotional reaction to something that wasn't unexpected. The market had seen this coming weeks in advance yet it triggered a buying frenzy as a result of pent up investors ...