Sep 4, 2021

Ryan Detrick on Fed tapering

I think investors can live with tapering because everyone knows it's going to happen and it's been talked about so much.  But knowing rates are going to stay a little bit lower for longer, that's that cherry on top with an economy that overall still improving.

~ Ryan Detrick, chief market strategist, LPL Financial, "Shrugging Off Grim News, Stocks Rise for a 7th Month," The New York Times, September 1, 2021

(The market has closed at a record high 53 times - the most by this point of the year since 1964, according to LPL Financial.)



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