This is an F_O_M_C day with the ECB and BOE (3 Central banks coming out today and tomorrow with major market decisions), yet all the media is talking about is the action in 148 NYSE stocks, and the fact that this story even popped up when it did is strange.
I don't have an opinion about why, but this strikes me as VERY STRANGE.
Is interest rates about to start going up?
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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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