TSP Talk Blog

It was one of the more volatile reactions to a Fed meeting that we've seen in a while, and that's saying a lot since they are almost always market movers. Up 200-points at the highs, and closing down over 500-points at the lows, it was a wild day for the Dow and the other indices. Those highs and lows both came after the Fed raised rates by a quarter point, but it was actually a statement by Treasury Secretary Janet Yellen that may have turned the markets sharply lower.

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