Month-End Gyrations and the Fed's Ad Hocery
Marc Chandler
August 31, 2020
Overview: Markets are searching for direction at month-end. Asia Pacific shares outside of Japan lower. Berkshire Hathaway confirmed taking a $6 bln stake in Japanese trading companies over the past year, and the pullback in the yen helped lift shares. The MSCI Asia Pacific Index rose 2% last week. European bourses are higher, and the Dow Jones …
Month-End Gyrations and the Fed's Ad Hocery
Reviewed by Marc Chandler
on
August 31, 2020
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