Today’s Trade: The Market’s Fight Song

2016-03-17T07:16:07-04:00March 17, 2016|

Technical Outlook: Extremely dovish and extremely unexpected FOMC Statement yesterday that cut the yearly outlook of 4 additional rate hikes down to 2 additional rate hikes.  As a result, Yellen, by cutting the number of rates for the year, essentially gave the market the equivalent of two rate cuts yesterday.  [...]