The outcome of the Fed's FOMC meeting on Wednesday sparked a downdraft in stock and bond markets worldwide. Since Tuesday, the S&P 500 (SNPINDEX: ^GSPC ) and the narrower, price-weighted Dow Jones Industrial Average (DJINDICES: ^DJI ) have both fallen around 3%. Meanwhile, volatility, as measured by the VIX Index (VOLATILITYINDICES: ^VIX ) has shot up to its highest level year to date.
In the following video, Motley Fool contributor Alex Dumortier asks: Given markets' short-term reaction to the news, is the Fed's announcement detrimental to equity investors?
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