Cryptocurrencies Bitcoin, XRP, and Shiba Inu Are Rebounding After the Feds Hawkish Pivot
PJIQX Fund | USD 13.47 0.05 0.37% |
Slightly above 61% of Prudential Jennison's investor base is looking to short. The analysis of overall sentiment of trading Prudential Jennison Equity mutual fund suggests that many investors are alarmed at this time. Prudential Jennison's investing sentiment can be driven by a variety of factors including economic data, Prudential Jennison's earnings reports, geopolitical events, and overall market trends.
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Cryptocurrencies rebounded this morning after sustaining heavy losses this week following the Federal Reserves final meeting of the year on Wednesday. The meeting included a cut of 25 basis points in interest rates and more hawkish rhetoric from Fed chair Jerome Powell that seemed to catch investors off guard. Bitcoin , a bellwether for the sector, had fallen as much as 10 percent yesterday but was only down less than 1 percent from late afternoon yesterday.
Read at finance.yahoo.com
Prudential Jennison Fundamental Analysis
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