Initial Calm After Fed Mtg. Followed by Another Tantrum

On Wednesday the Fed concluded its’ March meeting. It seemed as if Federal Reserve Chairman Jay Powell really hit a homerun, particularly since financial media had been commenting on the distinct possibility that another bond rebellion would result from his comments. The release of the SEP, or ‘dot plot’ also showed governors mostly dutifully in line with his devotedly and familiar dovish message. He appeared to have successfully threaded the needle and markets settled nicely up on Wednes...

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