Investors Shouldn’t Count on the Fed to Be the Knight in Shining Armor
June 10, 2019 at 10:40 AM EDT
It seems that after May’s trade war turmoil, investors are looking for the Federal Reserve to be the knight in shining armor to slay the next bout of market volatility with one strike from its rate-cutting sword. However, economists like Nathan Sheets, chief economist at asset manager PGIM...