Yesterday’s ‘biggest surge in 3 years’ ramp in stocks (following the release of September’s FOMC meeting minutes) was, perhaps surprisingly, not unprecedented. When the Septemeber FOMC statement was released we saw the same kneejerk ‘buy it all’ reaction with a dramatic divergence between stocks and bond yields… so what happens next?
Charts: Bloomberg
via Zero Hedge http://ift.tt/1xsT11Y Tyler Durden