The market this week has gone off the rails. The DOW ended Friday careening about 300 points. This occurring the day after the Federal Reserve did not hike interest rates. This news ordinarily would be great news to analysts and investors alike but these markets are paranoid these days. It certainly begs the question by analysts and investors what is it that the Federal Reserve not see that resulted in their decision. Anything stock or stock related hit hard on Friday. They major indices are not only down for the week but for the month. Investors are asking if anyone was worried about investing in equities where are they putting their money. Friday’s indicators show that one of the big beneficiary of investors was the 10-Year treasury bond. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, discusses the recent news from the Fed and the impact on our markets at home regarding global economic slow down.
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