sorry mate you are wrong.
the fed meeting was Wednesday.
the markets rallied at open on Friday and well into the session and then Yellen’s press conference about the treasury insuring deposits etc… but the markets wanted to hear a blanket guarantee. It would have been better if she didn’t speak at all because all it did was cast doubt as to what amount would be insured and to what extent.
take your comments on board and do homework before you comment.
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