4 ms·
> The Fed gave plenty of warning that they would raise rates. The market bet against the fed, assuming fed was all talk no action. Wrong move. Most of the mar
by game_the0ry 4y ago
> The Fed gave plenty of warning that they would raise rates.
The market bet against the fed, assuming fed was all talk no action. Wrong move.
Most of the market is still anticipating a fed pivot / fed put and / or tax-payer bailout. Time will tell.