http://federalreserve.gov/monetarypolicy/fomcminutes20140129.htm is here. Volatility rose as a result with the S&P SPX Trading down 12 handles 0.65% for the day at 1828.75 as the Fed continues to add to its sizable holdings of Long Term bonds and mortgages.
Bad news was again blamed on the weather, but the same weather couldn't account for 12% increased housing starts in NY. So maybe the gig is up trying to blame it on the weather. Do the wheels fall off here now? Stay tuned...
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