dChan
Anonymous ID: 22364a March 20, 2019, 1:09 p.m. No.5794488   🗄️.is 🔗kun

'''Notables"" Form up da bread

 

>>5794365 State Prosecutors Mulling Netanyahu Criminal probe in Sub Case

>>5794379 Scottish Prosecutors I'View Former E. German Stasi Agnets re: Lockerbie

>>5794382 Sara Carter Tweet- Ukrainian Prof aides HRC

>>5794416 Ukraine connection to the NZ SHOOTER video

Anonymous ID: 22364a March 20, 2019, 1:19 p.m. No.5794666   🗄️.is 🔗kun

"Recession Secured" - Bonds & Bullion Bid As Fed-Fold Sparks Dollar-Dump

 

The Fed folded entirely to the market today, slashing its rate trajectory dramatically lower nearer the market's implied dovishness.

Bloomberg's Ye Xie noted that if we take the dot plot at face value (which, mind you, may not be a wise thing to do), then it seems the Fed will hold rates steady this year before raising one more time in 2020. If that pans out, it would be unprecedented. Since the 1970s, there have been three times when the Fed held rates steady for more than a year after raising them in the previous three months: 2006, 2000 and 1997. Invariably, the next move was a rate cut.

 

However, the market has shifted even more dovish, pricing in almost an entire rate-cut in 2019 now.

Stocks initially surged on the dovish surprise, dragging the Dow green, but as the last hour went on, traders wondered just how much fear The Fed must be feeling about growth to take such a machete to its rate forecasts and started to sell stocks.

Only Nasdaq managed to cling to gains on the day..

Bank stocks did not like The Fed's dovish message….but FANG stocks soared, even with some China trade headlines early on.

 

https://www.zerohedge.com/news/2019-03-20/recession-secured-yield-curve-crushed-along-dollar-fed-folds

 

 

https://finance.yahoo.com/quote/%5EDJI?p=^DJI

https://www.investopedia.com/terms/b/blowofftop.asp