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Friday, May 1, 2020

Don’t Fight the Fed


Vantage Point Trading https://ift.tt/2zMHzdH

There is a saying among traders of all financial markets: “never fight the Fed” – it has never been more accurate than in 2020.

The coronavirus health crisis is just another example of why many consider the Fed to be the most important central bank in the world. The Fed supports not only the U.S. economy but financial markets across the globe.
As the overseer of the world’s reserve currency, the Fed’s main task is…

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