​When Fiscal And Monetary Policy Join At The Hip, Markets Can Be Told What To Do… Or To Do Nothing – Tyler Durden

When Fiscal And Monetary Policy Join At The Hip, Markets Can Be Told What To Do… Or To Do Nothing By Michael Every of Rabobank Final Destination Yesterday, stocks were mostly down, but Nividia was up after refuting its DOJ subpoena story; oil lower after an aborted rally; Treasury yields down as the US curve disinverted; and JPY up. The Fed’s Beige Book noted consumer spending ticked lower in most Districts, activity “grew slightly” in three, and was flat or declined in nine, with isolated reports of firms only filling necessary positions, reducing hours and shifts, or lowering employment levels…  — Continue at ZeroHedge News : Read More