Will the FOMC Meeting Minutes Reveal a Dovish Stance? (8/17/22)

(8/17/22) Markets are already up 17% from the last lows, making for an incredible run-up and an about-face from mid-July's pessimism to the current state of euphoria. Two things to keep in mind today: The most recent FOMC Meeting minutes will be revealed, with many looking for a more dovish slant from the Fed, anticipating a stall in rate hikes sooner than later. Markets are now two standard deviations above the 50-DMA, and markets will have difficulty remaining at that level without some reversion TO the average or BELOW the average. When that occurs, a better buying opportunity will present itself. It will be important for stocks to hold support at whatever level its reversion establishes; if not, markets will break below that point, and the media will trumpet the return of a bear market. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ -------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=OgZpQvfTzhE&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #FOMC_Meeting_Minutes #Dovish_Fed #Interest_Rate_Hikes #Bull_Market #Bear_Market #Markets #Money #Investing