Sunday, September 24th, 2017

The reason is very simple, third quarter ending in few days, window dressing and major holiday tomorrow. One of the Fed officials Charles Plosser decried that QE3 may not work as effectively in his speech today. If you want to believe in Fed speak, that QE3 is not going to work, that is OK. But […]

Feds didn’t provide what the market needed after yesterdays FOMC meeting. The market was looking for some gift, some drug  as it is dependent on it for continued uplift and its mood, instead it got a muted response from the Feds. They did however say they will provide assistant if needed, and closely monitoring the […]