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What the Fed did yesterday was not bullish

Summary:
Everyone thinks the Fed caved to the bulls. They didn’t. They actually did something quite negative.

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Everyone thinks the Fed caved to the bulls. They didn’t. They actually did something quite negative.


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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