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News Link • Economy - Economics USA

Summarizing Today's Epic Moves

  Gold's best day since January 2009 5Y Treasury's biggest yield drop since March 2009 USD's 3rd worst day in a year Homebuilders biggest rise since June 2012 New all-time highs for Dow and S&P

Two things of note aside from this chaos - shorts were being pressed into the meeting (and were smashed higher on the news); and VIX, which had been bid going in, is diverging after the press conference from equity exuberance.

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