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Week Ahead: Stocks Rally As Fed Shifts Back To A Dovish Stance
Stocks Rally As Fed Shifts Back To A Dovish Stance: Stocks soared on Friday after the Fed backpedaled and adopted a dovish stance. Interestingly, that came on the same day that the December jobs reported easily blew away estimates. Clearly, the Fed is more concerned with asset prices (stocks, bonds, commodities, and real estate), than …