What an interesting afternoon. Jerry didn't say much but that didn't keep things from banging in both directions. And then, just after the NYSE close, we got what appeared to be our second yentervention of the week. So what will tomorrow bring? Perhaps more importantly, what will Friday bring?
But we can worry about that tomorrow and Friday. Let's put today to bed first.
Here's a ZH summary of the Fedlines and presser: https://www.zerohedge.com/markets/fomc-15
Here are the images we discuss:...
