O Come, High Yield Faithful: Is Risk Back On?
This article was originally published on ETFTrends.com.
Federal Reserve Chair Jerome Powell had the capital markets feeling joyful and triumphant after delivering a speech at the Economic Club of New York on Wednesday where he sounded more dovish on the central bank’s inclination to hike rates further. Did Powell flip the switch back to risk-on for investors? The general consensus in the [...]