As usual the initial knee-jerk reaction (in this case lower in stock prices and higher in bond yields) has been faded rapidly and despite Fed warnings over investor complacency (and real economic uncertainty not being priced in), investors are buying bonds and stocks with both hands and feet (for now)... Gold is spiking higher as the USD drops.
Gold is spiking
[3]
As Bonds, stocks, and the USD revert
[4]
How long can this last?
[5]
Charts: Bloomberg
