Bullard Comment Hits Stocks.
From Greg M
Bulltard today stated that the Fed. may push their benchmark rate to over 5%, this was bad news for stocks…
HOWEVER….
It appears that the bond market is not buying it. No major move in the 10 year yield NOR any “safety trade” looking at dollar relative strength.
The MMRI is now sitting at 217.2
GM
These assholes at the Fed need to stop jaw-boning the market. Bulltard is a good nickname for this creature, Greg.
Thanks Greg for all you do being the Watchman over the market for us.