Just thought how the market reacted post-Powell commentary. I just selected what I thought would be strategic keywords placed during a speech or for what media usually highlights post-speech.
Here you go:
10/3/2018: Keywords A LONG WAY
"Interest rates are still accommodative, but we're gradually moving to a place where they will be neutral," he added. "We may go past neutral, but we're a long way from neutral at this point, probably."
Markets: S&P500 +2.08, DJIA +54.45, NASDAQ +25.54
11/28/2018: Keywords JUST BELOW
"Interest rates are still low by historical standards, and they remain just below the broad range of estimates of the level that would be neutral for the economy — that is, neither speeding up nor slowing down growth.”
Markets: S&P500 +61.62, DJIA +617.7, NASDAQ +208.89
1/4/2019: Keyword PATIENT
"As always, there is no preset path for policy," Powell said. "And particularly with muted inflation readings that we've seen coming in, we will be patient as we watch to see how the economy evolves."
Markets: S&P500 +84.05, DJIA +746.94, NASDAQ +275.35
Source: CNBC
Submitted January 04, 2019 at 09:32PM by markyu007 http://bit.ly/2F6VaxT
