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Non-Tech : The Woodshed

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Wade

To: SwampDogg who wrote (54187)	8/25/2016 8:54:11 AM
From: daveinmarinca	3 Recommendations Read Replies (2) of 60900

Tyler's (and BofAML) take this morning... <http://www.zerohedge.com/news/2016-08-24/heading-down-j-hole-fed-isnt-hawkish> Right now we have "hawkish" Fed pricing into Fed Funds with a drastically-weakening macro picture... We suspect - post J-Hole - that the market's realization of a "dovish"-er Fed and a weaker macro backdrop will be realized, and as BofA just explained - that is good for bonds, gold, and bull-flattening collapse in the curve (which is already starting). No wonder they slammed gold yesterday and they're trying again this morning.....lets see if the pm markets see through this today.....

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