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ETF Market Vital Signs, Dec.17: Fed’s Patient Tone Sparks Massive Rally

FYI: The Federal Reserve‘s policy statement introduced “patience” into the rate-hike parlance, catapulting the S&P 500 up 2%, its biggest percentage gain this year. Energy stocks led the rally as crude-oil prices stabilized. Russian ETFs also bounced back after that country’s central bank announced a raft of measures to ease banking regulations. Gold failed to maintain its upward momentum, however, after the Fed statement. Bonds tumbled from recent highs.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2014/12/17/etf-market-vital-signs-dec-17-feds-patient-tone-sparks-massive-rally/tab/print/
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