Sunday, November 13, 2016

Fed Speech Friday: Good Thing The Bond Market Was Closed

See Full Report
*Fed Vice Chairman Stanley Fischer had some sharp words for stocks on bonds on Friday.
*He not only called for a rate hike for the second time in eight days but he also reminded us of the "taper tantrum".
*He not only called for a rate hike for the second time in eight days but he also reminded us of the "taper tantrum".

Markets showed little reaction to Fed Vice Chair Stanley Fischer's confirmation that a hike is likely in December. One of those reasons may be that the US bond markets (NYSEARCA:TLT)(NYSEARCA:AGG) were closed in honor of Veterans Day. Bonds have been reacting negatively ever since hike murmurs began in September. Bond weakness could eventually seep into stock weakness.

Free Two Week Trial: Pro Trader On Seeking Alpha
  • Click here for a free trial or send us a direct message to find out more.
  • Catch multi-week moves in S&P, Gold, Oil, Bonds, Stocks, and more

Disclaimer: All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. 



#in, $spy, ^GSPC, INDEXSP:.INX, #elazaradvisorsllc, CME Globex: ES Disclosure: These trades can lose you money and principal especially when using leverage BY USING THIS SITE YOU AGREE TO TAKE ALL RESPONSIBILITY FOR YOUR OUTCOMES AND LOSSES AND HOLD ELAZAR ADVISORS, LLC AND ITS RELATED PARTIES HARMLESS