The Markets Overreacted to the Fed

The Markets Overreacted to the Fed
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The Dow’s 354-point plunge last week was the worst drop since the presidential election.

The markets overreacted on the Federal Reserve’s signal it may withdraw from its stimulus. Traders are now seeing any downdrafts as a buying opportunity for lots of stocks, which still remain on certain valuation measures at their cheapest levels since 1954. 


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