ORB (TG Trading Group) was kind enough to provide the latest FED "Fluff" within Sunday's News Stream:
FED Paper Hanger Daly - " Financial Markets have priced in both Rating Increases and Bond Taper. "
WTF Mate?
Rating?
Is that the downgrade Moody's, S&P, and Fitch can't seem to issue?
Bond Taper?
You haven't reduced the Balance sheet ONE RED CENT.
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Let's see what the Michellin Chef's at Blackrock, Vanguard, Gelber, and Blackstone have prepared for Monday.
It should be a humdinger as weekend Bullhorns are generally ineffective, we'll see early as to whether everyone
is one board with driving "un pied"...
The Shenanigans continue into VDay.
Usually an apathetic seasonal decline.
Wednesday remains the Shake n' Bake, go Ricky.