The media keep giving them the Mic, and they keep gulping it down to the tune of dissonant views that keep market participants suspended in a state of to and fro, on a boat listing from side to side, spinning in a Time Tunnel; pick your metaphor, it’s a lot of noise and confusion.
Of course he does. A couple weeks ago Hawks-in-Drag (HiD) hit the circuit and now out pops a Dove after a downer of a day yesterday in the stock market. Wouldn’t want any sort of consensus for the market to over react to, would we? After all, if we went all Yellen we could be looking at a manic upside extension and the HiD could inspire nasty things like yesterday.
It seems obvious that they think they can massage the market indefinitely with this wax on/off routine. At some point this market, black boxes, machines, quants, casino patrons, substance abusers and all, is going to shake this off and go where it was going anyway, because… REASONS!!
Subscribe to NFTRH Premium for your 50-70 page weekly report (don't worry, lots of graphical content!), interim updates and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com. Also, you can follow via Twitter @BiiwiiNFTRH, StockTwits, RSS or sign up to receive posts directly by email (right sidebar).