Markets close down for worst week since October 2020. The fed says they will not move away from easy money policies until 2022 but the markets seem to think otherwise. Keep an eye on what the pre market gaps look like heading into the new week. Happy Father’s Day to all the dads out there, enjoy your weekend you surely deserve it.

Markets looking to end the week down. Tech is the standout, which may be ending the week up depending on the rest of the day. Biggest market news this week comes from Jerome Powell and the federal reserve, saying that ‘tapering’ is a term that needs to not be used anymore. He continues to say the Fed will give plenty of notice before they limit the buyback of bonds and start to move away from the current easy money policies.