iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
21,316 Blog Posts

FOMC HAS SPOKEN

Fuck the tension is real. We are up, but markets haven’t done shit in hours. We all want to run and dance — yet we wait.

The FOMC just said they’d taper and markets are frozen, more or less waiting for resolution. My sense is we RUN HARD into the close — but you never know.

The fucks at the Fed will not hurt markets. The Fed’s only job is to maintain high asset prices — because that is all we have.

Powell talks at 2:30pm — but this looks good because the reaction has been positive.

Current headlines via Stocklabs

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3 comments

  1. edge

    VIX -14% and crashing support.

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    • edge

      Powell said lower bound or close to it for a year or even more if necessary. What’s not to like?

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  2. Mr. Cain Thaler

    Now the only remaining question is will the CME power slam Powell and break his will by December or January at the earliest?

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