Thursday, August 24, 2017

The Fed's Hangover

Where's the beef? Wall Street's Nothingburger Wednesday

WASHINGTON, August 23, 2017 – We should have known that after Tuesday's vivid display of irrational exuberance on Wall Street, we'd get a trading hangover on Wednesday. And that's exactly what we got: A broad-based but fairly shallow decline, a literal nothingburger of a day, with most of yesterday's winners getting at least moderately knicked before…