Stocks, Bonds, Bullion, & Bitcoin Jump As Dollar Dumps On Hawkish Fed

Stocks, Bonds, Bullion, & Bitcoin Jump As Dollar Dumps On Hawkish Fed

The kneejerk reaction to the most hawkish Fed statement since 2018 is ‘interesting’.

The dollar is dumped…

While stocks, bonds, bitcoin, and gold are all rallying…

Are markets pricing in the next QE already? Or is this a kneejerk over-reaction to the fact while rate-hikes are expected to start earlier, their trajectory is flatter than some expected out to 2024?

Tyler Durden
Wed, 09/22/2021 – 14:21

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