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 (^GSPC 0.16%) and the narrower, price-weighted Dow Jones Industrial Average (^DJI 0.09%) have both fallen around 3%. Meanwhile, volatility, as measured by the VIX Index (INDEX: ^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?
