US Market Report - The Impact of Recent Fed Announcements - July 2013
Jul 18, 2013
In this Market Report, we analyze the market’s reaction to the Federal Reserve’s recent announcements using the lens of the Barra US Equity Model (USE4). In particular, we find that some industry and style factors experienced very large returns immediately following the Fed announcements. Moreover, we find that in many cases the large moves can be explained by intuitive economic arguments.