The Fed came to the rescue of the markets today with their massive forward guidance across multiple avenues. In fact there were 13 separate Fed events in one week to help this weakness turn around. Realistically, we are looking at a time in which the stock market is 100% completely reliant on extremely easy monetary policies and it can’t be denied any longer.
Markets: Indexes, Bonds, Forex, Key Commodities, ETFs
https://www.cnbc.com/markets/
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Powell says the Fed will 'act as appropriate to sustain the expansion'
https://www.cnbc.com/2019/06/04/powell-says-the-fed-will-act-as-appropriate-to-sustain-the-expansion.html
Watch CNBC's full interview with Chicago Fed President Charles Evans
https://www.cnbc.com/video/2019/06/04/chicago-fed-president-charles-evans-full-interview-trade-economy-inflation-squawk-box.html
Stocks just had their second best day of year — Dow rallies more than 500 points
https://www.cnbc.com/2019/06/04/stock-market-wall-street-monitors-trade-and-growth-concerns.html
Sven Henrich on Twitter: "If you don’t think 13 Fed speakers in one week don’t find a way to rally this market you haven’t been paying attention the last 10 years." / Twitter
https://twitter.com/NorthmanTrader/status/1135889631315156992?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1135889631315156992%7Ctwgr%5E393039363b636f6e74726f6c&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fnews%2F2019-06-04%2Ffed-it
- NorthmanTrader
Sven Henrich on Twitter: "The incredible adventures of Jay Powell, Fed Chair: October: Balance sheet on autopilot, rate hikes in 2019. December: Holy shit balls January: Flexible on balance sheet & patient March: End balance sheet rolloff & no rate hikes till 2020 June: We are ready to act (cut rates)." / Twitter
https://twitter.com/NorthmanTrader/status/1135922870427668480?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1135922870427668480%7Ctwgr%5E393039363b636f6e74726f6c&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fnews%2F2019-06-04%2Ffed-it
- NorthmanTrader
CVS to add HealthHUB stores, drugstore announces ahead of investor day
https://www.cnbc.com/2019/06/04/cvs-to-add-healthhub-stores-drugstore-announces-ahead-of-investor-day.html
Stan Druckenmiller bought Treasurys after Trump's May China tweet
https://www.cnbc.com/2019/06/04/stan-druckenmiller-bought-treasurys-after-trumps-may-china-tweet.html
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