Baffle 'em with bullshit is working...
The Fed hawkishly raised its rate-hike trajectory, raised GDP growth expectations, left the inflation outlook alone, but talked down the economic outlook in its statement - Powell has some 'splaining to do.
The Dollar index is lower (hawkish Fed statement) and bond yields only marginally higher...
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Banks are surging along with gold and The Dow...
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And all the major equity indices love it...
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