The market seems convinced, judging by the knee-jerk reaction, that Janet Yellen has retreated back to her 'dovish' corner following the release of her prepared remarks…
Stocks have shrugged off any Trump agenda fears…
And investors are buying bonds too…and gold…
Smells like the 'QE trade' all over again.
And the dollar is cratering (Yellen dovishness compounding reduced Trump agenda odds)…
via http://ift.tt/2tMrEoC Tyler Durden