​Stocks & Bonds Slammed Ahead Of J-Hole As FedSpeak Slows Rate-Cut Euphoria – Tyler Durden

Stocks & Bonds Slammed Ahead Of J-Hole As FedSpeak Slows Rate-Cut Euphoria As the world and his pet-rabbit awaits tomorrow’s words from Jay Powell (which is largely moot now given the FOMC Minutes), today’s market action (stocks, bonds, and gold down; dollar up) was brought to you by notably less sanguine FedSpeak (walking the market back from four cut expectations) and disappointing macro data (reviving growth scares). Continuing jobless claims hovering at multi-year highs (initial claims low), a blip higher in existing home sales (off record lows with new record high prices), a big puke in Chicago Fed’s National Activity…  — Continue at ZeroHedge News : Read More