Wednesday, September 21, 2016

PONZO Updates as FED Gooses the Markets...09.21.16

A solid rally day as the FED held tight once again although 3 Governors wanted to hike.
Maybe next time will be the turning point.
Looking back on the last 2 posts with Bloomberg arguing for shorts in bonds and gold...perhaps these news items should be viewed as contrarian signals based on the 2 day jump in both bonds and gold.
Here's the latest Ponzo updates with a bullish outlook near term.