The ETF Portfolio Strategist: 15 Dec 2021
Initial market reaction to Fed pivot
It’s official: the Federal Reserve will speed up the wind-down to its ultra-easy monetary policy that was unleashed at the start of the pandemic in response to hotter inflation. The US stock market seems to be a fan of the policy shift, or so today’s strong rise in equities suggests (based on trading through Dec. 15).
Vanguard Total US Stock Market ETF (…