Dow Dumps 450 Points From Post-Fed Euphoria Highs, Time To Unleash The Bullard

It appears we are going to need more dovishness. Following The Fed's admission that all-is-not-well - despite every talking head proclaiming liftoff imminent - the implicit lower-for-longer dovishness of The Fed has not been embraced by the "market." It appears a tipping point in Fed credibility may have been reached... but then again it is a quad witching.

 

From 16,837 highs, Dow futures are now down over 450 points...

 

Unleash The Bullard!!