Stock market benefits from the Fed rate cuts on hold

Steve Sosnick, Interactive Brokers’ Chief Strategist, discusses the current impact a shift the US Federal Reserve policy has had on stocks in the past few weeks. 

While the Fed is on hold for rate cuts, it may be beneficial to the stock market. Sosnick also explains what investors can gather in terms of liquidity from the Fed’s balance sheet and the repo market.

Photo Credit: Pictures of Money via Flickr Creative Commons