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US stocks continue its move to the upside after Bullard's comments on soft landing

The major US stock indices are continuing their run to the upside with the NASDAQ index leading the way with again over 2%. The Dow industrial average is up 1.4%.The additional gains come after Fed's Bullard said that policy changes don't have to end with a recession (he does not have a recession as the base base). That employment and inflation pressure can be relieved without employment pain. Stocks are liking that type of Goldilocks chatter. Having said that, the unknown is that the bond ma... Read More

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Content Topics

Stocks

Continue

Move

Upside

After

Bullard

Comments

Soft

Bullard s

Landing

Forex

Posted: May 5 2023, 18:32

Author Name: forexlive

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