Shrugging off the weakness in jobs as ‘transitory’ one can’t help but get a hawkish feeling from Yellen’s speech, but it appears the FX market disagrees (as the US Dollar is leaking lower). Bond yields are also fading back lower and so are stocks… Once again Fed communications policy wins – baffle e’m with bullshit.
Bonds and Bullion are bid as the USD slides with stocks…
Confused? Then ‘Mission Accomplished’.
The post Confused “Dovish-Hawk” Yellen Sends Stocks, Dollar, & Bond Yields Lower appeared first on crude-oil.top.