UPDATE: Well that didn’t last long…
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A decidedly dovish FOMC Minutes, warning that the economy is not ready for rate-hikes, has driven rate-hike odds to their lows once again. December and January odds are now below 50% and markets are reacting with bond, crude, and bullion buying, dollar selling and stocks uncertainty.
Rate hike odds drop…
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With bonds & bullion outperforming…
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And WTI crude tops $50…
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