(MENAFN- Asia Times) US stocks rose briefly at 2 pm on Wednesday after the Federal Reserve took a 2019 interest-rate hike off the table, then fell, and then rose sharply on Thursday morning with no new information.
Investors are trying to work out whether cheap money is good for stocks, or whether the ugly economy (which motivates cheap money) is bad for stocks.
Read more: The Good, the Fed, and the Ugly
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