Stocks, Bonds, Bullion, & Bitcoin Jump As Dollar Dumps On Hawkish Fed

Tyler Durden's Photo
by Tyler Durden
Wednesday, Sep 22, 2021 - 02:21 PM

The kneejerk reaction to the most hawkish Fed statement since 2018 is 'interesting'.

The dollar is dumped...

While stocks, bonds, bitcoin, and gold are all rallying...

Are markets pricing in the next QE already? Or is this a kneejerk over-reaction to the fact while rate-hikes are expected to start earlier, their trajectory is flatter than some expected out to 2024?