So today is the big announcement from the federal reserve.
Why would anyone care? well, this is a big deal for stocks and bonds.
They will soon announce what they are going to do with all the crap
That they bought during the 08 crisis to avoid a total collapse.
Hereis their balance sheet.It is full of treasuries mortgages and various
Assets that they want to begin selling in order to shrink their very
Bloated balance sheet.this could be a problem with treasuries a.k.a
Bonds because with the fed and the U.S. government trying to sell
Treasuries at the same time the the bond market traders might try
To beat them to the buyers and cause an interest rate spike......
If rates rise too quickly this can trigger a selloff in equities a.k.a stocks.
No one is sure how this will pan out but it's something to keep an eye on.
Take care, lulz!