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Instead We Got More Uncertainty – Tom Essaye Quoted on AOL.com

Stocks are in recovery mode after the Fed’s first rate hike in years rattled markets

“Markets were hoping for clarity on rate hikes from the Fed on Wednesday, but instead we got more uncertainty — and that is the underlying reason why stocks (and bonds) dropped after Fed Chair Warsh’s press conference,” said Tom Essaye, the founder of Sevens Report Research, in a client note on Thursday.

Also, click here to view the full Business Insider article published on AOL.com on September 17th, 2026. However, to see the Sevens Report’s full comments on the current market environment sign up here.


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