The Post-Bernanke Sell-Off

The market is reacting strongly to yesterday’s Fed meeting. The Dow is now down 300 points. The S&P 500 has broken down to 1,593.

Gold is getting crushed. The yellow metal is at a 2-1/2 year low. It’s currently at $1,283 per ounce which is a loss of 6.6%

The yield on the 10-year is up to 2.45% which is the highest yield in nearly two years.

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Posted by on June 20th, 2013 at 2:36 pm


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