RE:Thoughts?…Zorg- you up to commenting? Perhaps the market had more than ample warning and entirely discounted and factored in the FED's very gentle rate rise?
To me they are playing with fire, inflation fire, being too reluctant to beat back the stock market and perhaps slow the economy.
Anyway the sky did not fall at 2 pm yesterday. I can come out of my bomb shelter. Except that rat in the Kremlin is not making me feel too great these days. I knew he was a mean little but now he seems a bit screwy as well. That's no good for anybody ... except gold investors?
cg