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Stock Market Today: Fight the Fed or Fight the President?

Bret Kenwell

There’s one common theme in the stock market today: Don’t fight the Fed. By “today,” I don’t just mean Friday. I mean, generally speaking as well. Long-time investors and traders know the saying well, but in an era of easy money, the lessons have been pretty clear. Fight the Fed and you’ll get run right over.

chart of SPY in the stock market today