aerial photography on trees by Oliver Kiss courtesy of Unsplash.

A December To Remember

Michael Cannivet |

 

Following several days of rampant selling, the Dow and S&P 500 are currently on track for their biggest December loss since 1931.

Many investors are wondering: what's driving this? 

After the Fed's interest rate announcement yesterday, I recorded the following video, explaining why I don't think the Fed is to blame for the recent stock market selloff. Rather, it's Wall Street front-running a shift in the "economic season."