Asbytec

Market Performance on Fed Days

Seems Fed days are fun days, until the hangover. I know he's trying to stimulate the markets, but it's all in vain. Give it a few days, they will tumble and return to volatility.

The major difference this time its not so much about appetite or aversion, but yields. So, support for the dollar may be waning.

The US dollar, the world's sacrificial lamb, can cause such a stir. Now, let's see the euro try that trick. Let see if they can cut to stir the markets, even if only for a day.