The markets' disruptive short-term fetish
from Chicago Tribune
Over the last two weeks, markets have again confounded any attempt to explain their short-term gyrations by looking at historical patterns, in particular by focusing on the influence of central banks. First, there was a counter-intuitive sell-off in risk markets in response to a relatively dovish signal from the Federal Reserve, the world's most powerful central bank, which left interest rates unchanged at its September meeting.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063