The policy committee of the Federal Reserve meets eight times per year in Washington, DC. After each meeting, the committee makes a public announcement about monetary policy. According to an article in the Wall Street Journal, going back to 1994, it was possible to earn an above average investment return using the following strategy: “On the day before a Fed policy announcement, buy the stocks in the S&P 500 index. Sell them a week later, and buy them again the following week.” After this article was published, would you expect it would still be profitable to follow this strategy? Briefly explain.