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9.27.2017 Bookmark

9.27.2017

Hello everyone, welcome to a new day.

Yesterday the market went to sleep. There is always some movement "somewhere" no matter how flat the indexes are, and we saw that in a few individual names.  But overall it was a lackluster session.  I think the reason the market was so flat, was because it was divided 50/50 over what the hell Yellen actually said. Some think she was hawkish, some dovish. So, they didn't quite know how to respond. 

10.30.2014 Did the Fed's Know? Bookmark

This morning we got our first look at the 3rd quarter GDP number and it came in pretty strong at + 3.5%. So the question is this...was the Fed so hawkish in their statement yesterday because they knew they had a strong GDP print in their pocket? You bet they did.

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