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Thursday, July 6, 2017

Fed Very Hawkish - Investors Are Worried


One Option Trading Blog http://ift.tt/2tPY6bH Posted 9:00 AM ET - Yesterday the market rebounded after an extended holiday and tech stocks led the way. Conditions are still very shaky and the FOMC minutes are taking a toll this morning. Investors are concerned that the Fed is moving too quickly and that moderate economic growth does not justify another rate hike. ADP reported that 158,000 new jobs were created in the private sector during the month of June. This is well below estimates. Politicians are in recess and the healthcare bill is in limbo. Tax cuts and tax reform are on the back burner and we won't …

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