Market Disconnecting From Fed: Analyst

The Dow and the S&P both closed down for the fourth day in a row, even after positive comments from the president of the New York Federal Reserve, Bill Dudley.

So why aren’t stocks rallying, even though the Fed is still stimulating the economy? Peter Boockvar, chief market analyst at the Lindsey Group, tells NBR why he believes the markets are beginning to “disconnect” from what the Fed says.

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