Wednesday, June 10, 2020

Feds left the rates unchanged ...

which was expected, and markets stayed around 3200, again which was expected ..

so what's the problem ..?

teenies down 20% since NFP on Friday (literally 3 days ..!) ... bond market is not expecting a full recovery anytime soon; we have come from lowest unemployment in Feb to one of the highest in recent history over 3 months,while stock markets have shaken all concerns, so quickly.

& that's what makes the game so interesting ..!

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