Market Lab Report - Premarket Pulse 9/22/15
Futures are down more than 1.5% at the time of this writing as fears mount with respect to the slowing global economy. The Fed's inaction to leave rates unchanged is being taken as a worrisome sign whereas a hike in rates would have been a gesture on the part of the Fed that the economy is truly improving.
As we have said, a period of heightened volatility such as the gap up, gap down action in the markets we are witnessing is to be expected. Sometimes lighter positions or the sidelines is a good place to be. That said, things can change on a dime so never take your eyes off the situation as it evolves.
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