Wednesday, August 20, 2014

The One Hand vs. The Other Hand

The FED! Don't you love it when they play both sides of the fence?

"The U.S. Federal Reserve hinted on Wednesday that a surprisingly strong jobs market recovery could lead it to raise interest rates earlier than it had been anticipating."


"At the same time, most Fed officials wanted further evidence before changing their view on when rates should rise, according to the minutes from the central bank's July 29-30 meeting."

And that's a wrap!  Lets go get drunk!

Seriously though, the market jerked one way before jerking the other.  It was the best of times, it was the worst of times.   Carry on.

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