​Gold, Oil, & Crypto Soar As Fed Slashes Rates With Stocks At Record Highs – Tyler Durden

Gold, Oil, & Crypto Soar As Fed Slashes Rates With Stocks At Record Highs “everything is awesome”… so awesome The Fed needed a crisis-like 50bps cut to keep it awesome! Stocks are at record highs (no landing at all); home prices are at record highs (and rising fast); and US macro data has dramatically surprised to the upside since the last FOMC meeting… Source: Bloomberg …but bonds are 35bps lower in yield (recession)… Source: Bloomberg …so it makes perfect sense that The Fed would slash rates by a crisis-like 50bps. All the majors were higher on the week, but faded…  — Continue at ZeroHedge News : Read More