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Ides of March could be a critical turning point for the stock market

The Federal Reserve is poised to seek closure to its loose monetary policy regime

The Ides of March Engraving from Great Men and Famous Women: A Series of Pen and Pencil Sketches, by Charles F. Horne
The Ides of March Engraving from Great Men and Famous Women: A Series of Pen and Pencil Sketches, by Charles F. Horne Photo: iStockphoto

MarketWatch: As much as Julius Caesar’s assassination on the Ides of March signalled an inflection point in Roman history, March 15 may also mark a watershed moment for the US stock market with the Federal Reserve poised to seek closure to its loose monetary policy regime.

“The coming week has the potential to be huge for trading opportunities,” said Colin Cieszynski, chief market strategist at CMC Markets, in a note. “Everything centres around the Ides of March…with a number of key developments coming out both on [March] 15 and 16.”

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