The Fed has contributed greatly to the bull market with its NZIRP and QE ultra-easy monetary policies, as evidenced by the close correlation of the S&P 500 and the securities holdings of the Fed.
Bond yields fell to historic lows as the Fed purchased more fixed-income securities, increasing the attractiveness of stocks.
Overload of Fed speeches sends mix signals to investors
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Mountain West Financial sells retail assets to ML Mortgage Corp.
In another M&A deal amid a challenging home loan landscape, Mountain West Financial is selling its retail assets to ML Mortgage Corp.