26/09/18

Stocks Sink As Powell Warns "Some Prices" Are High; Dollar, Bond Yields Spike



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Stocks Sink As Powell Warns "Some Prices" Are High; Dollar, Bond Yields Spike
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Update: The initial reaction to The Fed statement has been wiped away as Fed's Powell began speaking...

Comments by Powell that "financial conditions matter" and that "some asset prices are in the upper reach of historical ranges" seems to have spooked stocks...

The dollar and bond yields are now surging...

And stocks have given up there gains...

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Plenty of kneejerk reactions in ....

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