Dow Down 500 Points From Bullard Bounce, 10Y Under 2.00%, Oil Below $30 As Rate-Hike Odds Collapse

Since The Fed unleashed its liquidity-withdrawing, confidence-inspiring, inflation-creating, growth-related rate-hike, things have gone a little bit pear-shaped for the policy-makers-in-chief. Gold has soared, stocks have plunged, but perhaps most ominously, bond yields have collapsed as policy-error (or naked bathers) are exposed. 10Y yields are down a stunning 33bps from The Fed decision, breaking back belowthe crucial 2.00% for the first time since October. The odds of a March rate hike are now under 25%!!

And now the next hike is most likely not to occur until October...

Error?

As 10Y yields crash below 2.00%...

And The Dow is down 500 points from Bullard Bounce highs...

As Gold and Silver surge...

Charts: Bloomberg

Comments

[FreeNewEnergy]

BAC 14.52. I'll settle for that today, but eventually, BAC has to go back to 5 or 6, where it belongs. Uncle Cracker Buffet gonna get his ass handed to him this year.

He's on the list of people who should die sooner rather than later, along with Soros. If just those two assholes bit the bullet (not anything unusual, we all will) this year, the world would be a decidedly better place.

TRUMP/CRUZ 2016

[SillyWabbits]

Anyone who thinks there's safety in numbers hasn't looked at the stock market pages.

 Irene Peter quotes 

[PoasterToaster]

First commodities implode, then massive inflation.  That was the pattern in all the countries where the banks created currency in large quantities.  It destroys all industry, and when there is no one left to buy commodities for production, prices drop.  Useless raw materials are worth nothing.  Food gets expensive pretty fast after that. 

Typically this is the pattern of oligarchy giving way to something else for a time.  The current oligarchs think they will avoid their replacement this time aroundif they can craft a globalist feudal system.  This requires artificial scarcity, lies, and war.

Maybe they succeed at starting a war.  But their war of choice will give way to a different kind of war than they are expecting, or wanting.

[JOHNLGALT]

The Fed decided that they wanted to cause a DEPRESSION when they put the rates up when everyone knows we are already in a RECESSION.

There must be a reason for this, but I surely cannot believe that sane people would wilfully do this to their own businesses and workers.

In conditions like this I hope you all have converted your "PET PAPER" & "PET DIGITS" into "PET ROCKS" which should hold their value during this coming FED CREATED DEPRESSION. _JOHNLGALT

This slightly edited post is from  comments made several months ago.

These imbeci**s obviously don’t know sh** from cl*y. The last time the markets gave the FED data signals the ass fell out of the markets and they S*** themselves.
When the FED raises interest rates it will strengthen the already strong DOLLAR and strangle your exports, thus contracting your economy and sending it into a DEPRESSION. The U.S. has wonderful (read awesome) numbers, What is the score now, About 60% on food stamps, (whatever that is). My sympathies to all of you in the U.S.A. who believed in the “DREAM” of home ownership and independence.

To anyone who would like to get out of this World Wide Paper Ponzi Scheme (WWPPS) there must be a precious metals store nearby.

This (WWPPS) World Wide Paper Ponzi Scheme will only work well for "THEM" if the Mushrooms (people) of the world are kept in the dark and fed bullsh*t. "THEY" can't have the Mushrooms waking up and getting out of the Scheme and getting into "PET ROCKS".            _JOHNLGALT.  

I will have no sympathy for the people I've tried to explain this to, WTSHTF

There is a choice of keeping your life’s labour in airy fairy paper (“PET PAPER”) in which most of the thieves have told you they want to steal (through inflation) at least 2% of your wealth from you.
– If there is deflation you get to keep most of your work (value), If there is the thieves inflation, they get to skim the 2% or whatever off the top,  DO NOT FORGET THAT “THEY” CAN TURN ON THE SPIGGOTS TO 10% OR 20% OR WHATEVER and just steal that amount of your life’s work from you.
Or you can convert your excess labour into HARD OBJECTS,
LAND, (can be taxed),
BUILDINGS, (can be taxed),
CARS, (can be taxed and subject to depreciated value),
ART OBJECTS, (subject to personal preferences),
BUSINESSES, (usually valued in “PET PAPER”) are subject to the honesty of management, ETC.)  YEAH, RIGHT.  We know all about that don’t we?
Getting back to the difference between “PET ROCKS” and “PET PAPER” and now – wait for it – “PET DIGITALS”.  I nearly p****d myself when I heard you can give up your life’s work to (invest) in “PET DIGITALS” HEH, HEH, HEH.  _YEAH RIGHT.
Give me a break. Do you think I’m a complete F*** W***.
As far as investing in “PET ROCKS” or “PET PAPER” or “PET DIGITALS”, maybe you should ask the Indians, Chinese, Russians, Germans (sorry you can have your GOLD back in ??? years) _because I am not licensed  to give investment advice.                    Best to you all, and more PET ROCKS please. _JOHNLGALT