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2 Year Yield Drops To Fresh All Time Low Ahead Of FOMC's 2:15 PM Announcement
Today at 2:15pm (not at 2:00PM as some other RSS aggregators will make you believe) the FOMC will announce nothing much is going to happen (otherwise Bill Gross would have been loading up on margin). Yet nonetheless, the 2 Year has just dropped to a fresh all time low of 0.4398%. As to what happens with stocks at 2:15:01 pm, nobody really cares anymore.
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I have that feeling of xmas day excitment building. The markets are going to go erratic for the day, and tomorrow is when reality sets in.
With the market gunning to the moon, I will be going short at EOD, as last FOMC notes markets reacted the same.
What do you like on your Nothingburger?
50pt jump @ 2:15 straight up.
Gold market is "ALL OVER" the place !
New Record high just hit !
ZIRP forever!!!!!!!!!!!!!!!!
A question from the sock puppet.
What comes after trillions? Is it zillions? Seriously.
Apart from calling it "we're #ucked", what do we call $1,000,000,000,000,000.00?
That would be a quadrillion, sock puppet. In Americanese, anyway.
Thanks. It's amazing that at some point in time over the next while, we're going to be talking about quadrillions.
The national debt is only 0.0135 quadrillion dollars. Almost harmless.
0.42 now ... 9% down
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