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Financial Market Behavior, General Mills Earnings: Market Recon

Stephen Guilfoyle

The Federal Reserve Bank really is the only force on the planet that can get stocks, bonds, and thanks to a suddenly softer U.S. dollar, commodities to all rise in value in some kind of semi-correlated fashion. The Brooklyn Dodgers won the World Series that year, just to put in perspective how long it has been. Yes, there was certainly a boost enjoyed last week across the tech sector, as investors made a move toward riskier, growth type names in response to the Fed. However, the oversold Energy sector easily led equity markets to the upside.