
The Ironwood Recap – Market Update – October 10, 2022
September was a tough month for the markets as inflation stayed persistently high. The Fed increased their forecast for interest rates beyond what was previously
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September was a tough month for the markets as inflation stayed persistently high. The Fed increased their forecast for interest rates beyond what was previously

Yesterday, as expected, the Fed raised their benchmark rate by 0.75%. This move takes the rate to around 3%. None of this was a surprise.


The Fed just concluded their annual Jackson Hole meeting and reiterated their commitment to bringing down inflation. This has been a consistent message for the

https://youtu.be/o0F2sgve0f0

The markets had their worst first half of the year since 1970, with the S+P dropping more than 20% and the Nasdaq falling by about

The markets have been pretty unhappy the last three days, giving up all of our runup over the last few weeks. Remember this sort of


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