Market Update

Well the Fed statements certainly moved the markets some...to say the least. Stocks and bonds took off, as did gold and crude while the dollar tanked. The interest rate and fx moves are so big that they are likely to see some continuation. I think it is less clear in stocks.

Crude firmed up enough to keep the upward bias going. Gold firmed up, but like stocks, I think its less clear if it will continue significantly in the short run.


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