Loading ...So QE ends and what changes in the mkts ….nothing …the Algo’s just keep on ruleing all mkts. Bonds thought of a rally and were hit imediately, PM’s were hit even before and then smashed on the news, oil has been knocked back well off it’s hi’s and the SM briefly did what it should have done, ie sell off, but was quickly bid straight back.
So now the Fed has total mkt control, why bother with QE, just let the Algo’s run everything and all will be well.
Ps just to show how mad this is getting, the Hui is on tgt for 9 weeks down……….!!!!!!!!!!!
PPs…as I typed this post the SM sniffed the lows again…..now 20 farcical mins later it is fully recovered.