Get Ready for ‘Panic’ Signals from the Fed
Critical intelligence before the U.S. market opens
by Victor Reklaitis
Market Watch
Fears that the Fed won’t raise interest rates this year just keep ramping up.
Financial blogger Macro Man has revealed that he closed out his long-the-dollar trade, and Jon Hilsenrath’s latest WSJ piece pours lots of cold water on the chance of a 2015 hike.
So today, traders are certainly looking intently for “any sign of panic” in the three Fed speeches on tap for the session, as Colin Cieszynski at CMC Markets puts it.
The market — in case you missed it — lately switched to being terrified about a failure to hike, rather than panicking about a hike.
Continue Reading at MarketWatch.com…
Source: http://financialsurvivalnetwork.com/2015/10/get-ready-for-panic-signals-from-the-fed/?utm_source=rss&utm_medium=rss&utm_campaign=get-ready-for-panic-signals-from-the-fed
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