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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Don’t fight the Fed in the gold market and especially not now, argues Chris Henwood of The Henwood Edge and a former trading VP at Goldman’s J. Aron.
Looking at data points seems like a waste of time. They used to matter, and given that the next Fed meeting isn’t until mid-March, the market will probably look through the report anyway.
Investors are still uncertain where the Fed will take monetary policy
The virus has triggered an unprecedented stock market decline