Markets ARE Highly Dependent on the Fed, The September Experiment | Change Leadership Watch | Scoop.it
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.

...markets are celebrating; and the Fed has proven that it still enjoys tremendous influence on asset prices regardless of fundamentals.