Tag Archives: pianalto
Employment Report Weakness, Fed’s Pianalto & Rosengren Dovish Statements, Credit Markets Don’t Confirm Sell Off
The economic news continues to be terrible. The knee jerk reaction; sell off the equity markets run into U.S. treasuries. This type of action would only make sense to the person who ran directly from his cabin into the galley on the Titanic and felt he had gained safety. Furthermore, this fatuous trade into T-bonds has place a brainless bid […]