Schaeffer's on CNBC: More Choppy Trading Ahead

The Fed could take recent equity market volatility into account at its November meeting

Oct 18, 2018 at 9:14 AM

I stopped by CNBC's Squawk Box this morning, where the discussion centered around the aftermath of Wednesday's freshly released September Fed meeting minutes. The Federal Open Market Committee (FOMC) last met ahead of the equity market's wild October sell-off, and the minutes revealed that some members are now in favor of a restrictive monetary policy. So what does it all mean for stocks?

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Fed may be moving on the short end, says managing director from CNBC.

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