No Matter What Janet Yellen Says, She Will Trigger this Outcome

in #money8 years ago (edited)

 

Maximum pain is on the way. What is about to hit could have been  avoided, but knowing the pragmatic nature of central bankers they will  simply state what they think the markets and world wants to hear. This time it is different.  The stock markets all rallied figuring that we were talking “one and  done” as we approached the days highs with the USD falling, Gold traded  $15 higher and Asian futures followed in sympathy. Then, Vice Chairman  Stanley Fischer spoke in an interview and claimed lets see how next  weeks numbers go (first Friday in the month so we have Non Farm  Payrolls). This was interpreted by the market to assume this could be  the start of a series of rate rises. Immediately, stocks turned down,  the USD strengthened, Gold dropped $25. At last the FED decided the end is near.


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