Commentary
In years past, when a Fed chairman stepped up to the mic to announce some policy decision, the markets always took note. Oftentimes it might have reacted in knee jerk fashion, but calmer trade usually returned pretty quickly.
A passerby helps a woman from San Jose, Calif., mount a statue of a bull at the foot of Broadway in the financial district in New York. Kathy Willens/AP Photo
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Bob Byrne
Author
Bob Byrne built a reputation as a daily columnist for TheStreet.com after trading billions of dollars over two decades in financial markets. He now co-authors Streetlight Confidential investment newsletter with Tim Collins that focuses on under-the-radar companies and investment opportunities often overlooked by Wall Street. To discover how to get his proprietary research in the paid newsletter service, go to Streetlight Confidential.
