"Hawkish-Dovish" Rate Hike Sends Market Tumbling to New 2018 Lows

Dec 19 – Today, the U.S. stock market tumbled as the Fed announced a "hawkish-dovish" rate hike of 0.25 percent, lowering their outlook for the number of rate hikes in 2019 while simultaneously failing to meet investor hopes. We discuss what happened...