This morning’s collapse in the trade balance combined with weak export orders in the survey data suggests the decoupling meme is blowing up. However, it seems investors are losing faith in The Fed as there is broad-based selling in stocks, bonds, and the dollar (with commodities bid). Stocks are now in the red post-FOMC.
Stocks have given up all yesterday’s volumeless gains…
and are back in the red post-FOMC…
The Dollar is getting spanked…
and so are bonds…
Charts: Bloomberg
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
Citigroup Economic Surprise Indices Have Little Bearing On Equity Market Performance
Bristol House Corporation, Should You Invest with This Company?
Mega Millions Prize Rises to $257 Million: Read This Before You Buy a Ticket
The US Dollar Has Begun To Recoup After The Fall On Friday
Chinese Solar Stocks Rebound Despite Jinko Downgrade, Ja Solar ‘Caution’
