The question now is whether the lows that were hit on Wednesday morning will serve as short-term support as we move into earnings season.
Janet and Jerome have never created a job. But that's who we worship these days. It's such nonsense.
The report is more nuanced than the headline shows, and here's why we can still expect tapering.
Equities did close almost sharply lower than where they had been early on Thursday afternoon. You do want to see how this looks on a chart.
The ingredients to 'climb a wall of worry' are out there if the price action develops in the right way.
Market volatility could spike in late November/early December just as liquidity walks away. Keep that in mind.
Plus, my take on Friday's jobs report and the steepening yield curve.
Having a debt ceiling is foolish, it only ever matters to the party currently out of power and never really does what it was intended to... curb federal spending.
Despite a largely unfazed market, here's why I remain very cautious overall.
The market had a strange reaction to the initial headlines out of the Fed, and even now it's unclear how long the liquidity taps will remain open.