Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Stocks Slump Into Red After Fed’s Evans Warns Of Rising Uncertainty

Courtesy of ZeroHedge. View original post here.

We expected a hawkish tilt to the Fed’s speakers this week – in confusing opposition to Yellen’s dovish commentary – and after Harker’s earlier comments, it appears Fed’s Evans comments that he “sees more upside possibility in uncertainty” facing The Fed, has sparked a wave of selling in stocks…

  • *EVANS SEES MORE UPSIDE POSSIBILITY IN UNCERTAINTY FACING FED
  • *EVANS: LOWER CAPITAL EXPANSION MAY REFLECT LOWER TREND GROWTH

And Evans offered this more hawkish bias too…

“This is a challenging time period to all of a sudden have a big injection of positive fiscal policy expansion because we are pretty close to full employment. We might be at full employment,”

In other words, any Trump success (in a fiscal boost) will be met with more rate hikes.

That’s not what the market wanted to hear…

This worried perspective follows Harker’s earlier hawkishness:

  • *FED’S HARKER: CAN’T RULE OUT MORE THAN THREE HIKES THIS YEAR
  • *FED’S HARKER: WE ARE DISCUSSING THE BALANCE SHEET
  • *HARKER: BALANCE SHEET TILT SHOULD BE TO TREASURIES, LESS MBS

Bonds don’t seem to care…


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!