Stocks Panic-Bid On Fed’s Reassuringly Dovish Statement, USD & Bonds Shrug

Stocks Panic-Bid On Fed’s Reassuringly Dovish Statement, USD & Bonds Shrug

Tyler Durden

Wed, 09/16/2020 – 14:21

The dollar is practically unchanged

Bond yields are practically unchanged

Gold is very modestly higher…

But stocks are panic bid…

And all on the back of nothing new at all from The Fed other than reassuring lower rates for… ever!

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Author: Tyler Durden

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