Rate-Hike Odds Tumble Post-Minutes; Stocks Soar

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies

UPDATE: Well that didn’t last long…
Stocks are now soaring after we noted the initial reaction…
A decidedly dovish FOMC Minutes, warning that the economy is not ready for rate-hikes, has driven rate-hike odds to their lows once again. December and January odds are now below 50% and markets are reacting with bond, crude, and bullion buying, dollar selling and stocks uncertainty.
Rate hike odds drop…

This post was published at Zero Hedge on 10/08/2015.