Friday, November 14, 2014

What Just Happened: "Market Turmoil: 10am ET Sparks Sudden Reversal"

From ZeroHedge:
The USD seemed to get a sudden flush at 10am, which sparked bond (10Y -3bps), stock (S&P +5pts), and gold buying (up over $15).... no catalyst as far as we can see other than UMich inflation expectations plunging...

Did some algo forget POMO has finished?

only catalyst we can see is inflation expectations collapsed....