A: The Federal Reserve bowed to market pressure and left short-term interest rates untouched. The danger of higher rates is off the table for now - but still a risk for investors to deal with.
In the short term, expect many of the stocks hurt ahead of the meeting to behave better. The clearest example are real-estate investment trusts. These companies, which own mainly commercial real-estate, attract investors with market-beating dividens. Higher rates were a danger to these stocks as the...
Also read: Amazon Is Taking Over the Stock Market, Too