google-site-verification: google82e3ac4beae8f0b9.html Fed Chairman Powell gave us all an early Christmas present yesterday.
  • Bob Warther

Fed Chairman Powell gave us all an early Christmas present yesterday.

Rate change sends money into the market.

Warther Private Wealth

Trillions of dollars had been sidelined, waiting for a reason to be deployed. When Chairman Powell signaled that rate increases might stop sooner or happen more slowly, investors took advantage of the opening they needed to deploy assets.

Money poured into the market. Growth stocks, which have been beaten up over the last six weeks, showed the most appreciation to the new influx of cash, raising the DOW by over 600 points.

For a free assessment of your portfolio, call us today: 330.867.6999

Warther Private Wealth

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© 2018 Warther Companies Investment advisory services offered through Warther Financial Group, LLC, a Registered Investment Advisor. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment advisor does not constitute an endorsement of the firm by securities regulators nor does it indicate that the advisor has attained a particular level of skill or ability. Brokerage Services offered through Independence Capital Comapany, an unaffiliated broker-dealer.