Quote:
Originally Posted by PaceAdvantage
I was watching the futures market in real time when the announcement came out...some very WIDE swings in the minutes after the announcement, including a 200 point Dow-equivalent swing within the first 5 minutes, which doesn't sound like a totally expected announcement to me...
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The rate hikes, China tariff announcement (which if you actually read it is pretty watered down), and looming shutdown with veto threat will create some more volatility.
I'm locking up a bunch of my stuff this morning instead of floating.