Well that was quick. Always interesting when the playas have a collective moment.
From ZeroHedge:
The Fed appeared to hint at tapering its massive bond-buying bonanza and markets went a little bit turbo. Gold and bonds rallied notably while the dollar dropped and stocks had no bloody idea what to do, so they collapsed...
US equity markets shifted into chaos mode - despite all the gamma-squeeze ammo still available ahead of Friday's opex - whipsawed around significantly before puking lower in the last hour to close down around 1%...
The Fed appeared to hint at tapering its massive bond-buying bonanza and markets went a little bit turbo. Gold and bonds rallied notably while the dollar dropped and stocks had no bloody idea what to do, so they collapsed..
Energy stocks were the day's worst performers, Consumer Discretionary was the only sector to manage to hold gains...
Source: Bloomberg
Cyclicals were hardest hit after FOMC but Defensives were also sold...
Source: Bloomberg
Growth and Value were dumped together after The Minutes...
....MUCH MORE
