RE:Wasn't expecting this, but...dont make yourself nervous, market is nervous enogh because of FED. The FED trash talk moves billions, they count on the nervousity of market players and they are effective. After the crash from 2008 you should see in the following years grow economic rates of at least 3-4% p.a. we have seen +/-2% (more minus) even with billions of Dollars in easing in recent years And now FED is running out of ammo. The only chance they have is to raise interest in Sept. A raise of 0.25 % on $100.000 is a unbeliveable sum of 0.68ct/day. The same day as the FED meeting in Sept has BoJ a meeting too and there is QE on the agenda, unlikely that BoJ doesnt do anything.
I assume 5% of market participants have no backbone, that 5% is what FED is aiming for.
They can not raise interest in Dec to give a new President the burden of rising interest. Comming 2017 I expect some blah, blah, blah and may be a new round of QE