The Traderszone Network

Published in TZ Latest News 17 December, 2015 by The TZ Newswire Staff

A Big, Fat "Policy Error", Or Worse? Find Out Tomorrow

On Tuesday, the day before Yellen’s historic rate hike, the S&P closed at 2,043. Today, the day after a Fed announcement which everyone cheered overnight as simply fantastic, perfect, “dovishly goldilocks”, and countless other superlatives because it send the market surging, the S&P closed at…. 2,042. In the process all the euphoric gains from the widely telegraphed Yellen announcement and press conference have been completely wiped out, not just for stocks…

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