Stocks, Treasuries Rally on Optimism Around Fed Inflation Fight
US stocks rallied alongside Treasuries as falling oil prices lent support to optimism that inflation can be kept under control a day after the Federal Reserve raised interest rates and signaled more tightening to come. Savita Subramanian, Head: US Equity & Quantitative Strategy at Bank of America, discusses raising her already low S&P 500 year end target. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
