AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
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Why the Fed may stay on the monetary sidelines
Tighter credit conditions, recent banking turmoil, and higher mortgage rates gave a well-needed break to the acceleration of Fed rate hikes. Instead, they gave a false signal to the markets as the Fed was going to slow its pace.
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