Many traders expect the Federal Open Market Committee meeting announcement Wednesday to be dovish as Fed Chair Janet Yellenresponds to the extreme market volatility that has ensued since the central bank’s rate hike at the last meeting.
So what typically happened to the markets during the easy money Fed days of old?
Using hedge fund analytics tool Kensho, we looked at which S&P 500companies and ETFs performed the best during those Yellen Fed days when it left rates unchanged.
[“source -cncb”]
