S&P 500 50-Day Once Again Defended As Fed Readies To Taper/Tighten
September 27, 2021 at 04:22 AM EDT
The 50-day on the S&P 500 was once again defended. Households’ equity exposure will hit another high in 3Q, even as margin debt jumped to yet another record in August. Amidst these signs of excesses, the Fed looks to taper and tighten.