It's Not The Economy; It's The Flow, Stupid

With The Fed due to make some highly amibiguous, always dovish promises this week, we thought a quick look at the world of stocks and bonds through the eyes of the Fed would be useful…

 

There's no decoupling economically…

 

And stocks are catching down to the Fed's Taper…

 

But what is really important is how close we are to un-taper… as it's the flow that matters…

For stocks…

 

and bonds…

 

The question is… will lower for longer make up for no moar QE? We suspect not given the charts above.

 

Charts: Bloomberg and @Not_Jim_Cramer




via Zero Hedge http://ift.tt/1wA4DC2 Tyler Durden

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