More on FOMC Minutes: Treasurys tumble (TLT -1.1%) and the dollar strengthens (UUP +0.7%) after...

More on FOMC Minutes: Treasurys tumble (TLT -1.1%) and the dollar strengthens (UUP +0.7%) after the surprisingly hawkish report in which it's made clear it's not just Jeff Lacker who has an issue with QE. Gold sells off as well, GLD -1.1%. Stocks give up just a little ground.

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Comments (4)
  • bull_market_somewhere
    , contributor
    Comments (113) | Send Message
    i smell a relatively large rates spike within the next 2 months
    3 Jan 2013, 02:23 PM Reply Like
  • whaddyamean?
    , contributor
    Comments (498) | Send Message
    I thought that only AAPL's stock price runs on hormones. It turns out that the price of GLD does too. So much for "fundamentals"; take THAT, James Cramer!
    3 Jan 2013, 04:14 PM Reply Like
  • Hendershott
    , contributor
    Comments (1752) | Send Message
    GLD runs entirely on hormones, since it has no fundamentals.
    4 Jan 2013, 08:07 PM Reply Like
  • Jhalgren
    , contributor
    Comments (253) | Send Message
    Methinks there's a rotten apple in Denmark--there is no fundamental change in our economy to justify what the ol' Fed boys are saying unless they have a plan for war in the Middle East. Otherwise, their call is mere wishful thinking since slow to zero growth is the new normal. We must all take a breather. Also, remember, spring is the time money moves out of U.S. Treasuries and into the Yen! It's a messy business--playing markets!
    4 Jan 2013, 02:28 PM Reply Like
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