Markets ARE Highly Dependent on the Fed, The September Experiment | Change Leadership Watch |
This week should remove any doubt about whether markets are highly dependent on the Fed. They sure are. Indeed, you could not have constructed better conditions for a controlled experiment.

...there is only one major factor that can consistently explain this week's market moves. And it centers on expectations of Fed policy. are celebrating; and the Fed has proven that it still enjoys tremendous influence on asset prices regardless of fundamentals.