This fed since Bernanke, has been a relative hawk, allowing /conditioning markets to adjust over time to a divergent monetary policy. The course was stayed for a lengthy taper and delayed a few months maybe , by China concerns. Yeah i know, at one time more than 50 bp had been priced in for 2015 but remember, 1 month bills were priced at 0 basis points this
past summer. Blah lah blah.....
One thing I wont forget or underestimate is a cental banks ability to thwart a selloff and CRUSH shorts.
The minutes (cant be as unanimously hawkish and positive as portrayed) may acknowledge
some concerns that may actually be "playing out" at the time. Could be dovish.
Do we retest the recent August lows/ officialcorrection ? Until then..... For now.... For today....
Gotta love ZERO RISK in the SP500 = $$$
I love it. The Fed is clearly in a hiking phase yet the wizards are still trolling in with their Fed will CRUSH shorts??? WTF are these people huffing, airplane glue....
Yes, the Fed could reverse tomorrow but that would take the little credibility they have left and flush it completely.
So now we are down to Japan and Europe. Now let me see...last time I studied Japan they were in a 30 year recession...don't know how many shorts got CRUSHED there???
Europe...so old, crumbling, over-run with immigrants Europe will save us all.
Fucking LMAO....trolls and wankers (there's gotta be a newsletter in all this somewhere)
