Warning: the Fed Didn’t Pivot Yesterday… If Anything It Doesn’t Need to Anymore

 https://gainspainscapital.com/2022/10/04/warning-the-fed-didnt-pivot-yesterday-if-anything-it-doesnt-need-to-anymore-2/

Yesterday I asked, “is the Fed about to hit the PANIC! button like the Bank of England?”

The markets certainly acted like it: stocks, Treasuries, oil, and gold erupted higher yesterday, fueled by the announcement that the Fed had scheduled an emergency meeting for 11:30AM EST.