The speech was released from embargo at 1:30... look at the SPY chart
The market started to drop on high volume at exactly 1:30
Boy, someone reads speeches REALLY FAST. Or Perhaps an embargoed speech just happened to slip in to someone's hands on Wall Street, thus the acton this morning... Maybe setting up a nice bulltrap?
It's happened before.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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