087 - Eye-Opening Polls Threaten Stocks [Barron's]

September 19, 201613 min
Barrons - Randall Forsyth Undercurrents are driving sudden market movements, but not the ones everyone is blathering about. Fed comments don’t fit the bill for the blame: Short-term treasury yields typically are most sensitive to Fed talk, but they have shown little reaction Fed Gov Lael Brainard reinforced her dovishiness, the opposite of what was expected So, what is behind the fits in the stock market? Unanticipated bounce in yields (little to do with Fed) This is likely linked to expectations related to BOJ meeting this week Another factor is the dramatic tightening of the U.S. presidential polls  

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