After a positive reaction to the Fed statement (see chart below from reaction, stocks sold off during the press conference: The Dow closed down 1%, S&P 0.5% while the NASDAQ was up 0.7%. This pattern is similar to that of several prior Fed days ... and consistent with markets' tendency to press for ever greater clarity of central bank support. #economy #markets #fed #federalreserve #stocks #investing #equities #stockmarket #volatility #nasdaq #bonds #investmentmanagement #bonds #stockmarket #volatility #nasdaq #investmentmanagement #dow #centralbanks #assetallocation #interestrates #fixedincome #monetarypolicy …see more