June 24th Weekly Market Update
What market participants heard from the Fed last week — that it is ready to soon end the bond-buying program — overwhelmed what the Fed said about how it plans to continue to expand its purchases at a slower pace.
It appears the stock market started to move to price in the start of tightening rather than the potential end of stimulus.
The knee-jerk reaction of selling across all markets — stocks, bonds, and commodities — may not persist for long and could create opportunities to buy the dip.
For the full article: The End Is Near- But That Is Good News