Chart o’ the Day: Bespoke on the Post-Fed Rally

My friends Justin and Paul at the Notorious B.I.G. always have an interesting take on the events of the day.

This morning they note that a majority of yesterday’s post-Fed announcement stock gains occurred in a matter of seconds – meaning there wasn’t much time to have gotten rightly positioned for those who were playing the sidelines.

They also show the performance by industry group, you can see the notable outperformance of yield proxies like REITs and Utes:

Post Fed

 

Source:

Market Performance Post Fed (Bespoke Investment Group)

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