-
The market is getting the Fed all wrong: Nomura
Stocks and bonds dipped after Wednesday's Federal Reserve statement, as investors seemed to think a December taper now looks more likely. But George Goncalves, the head of U.S. rates strategy at Nomura, says the market is overreacting, and that the Federal Reserve will continue its $85 billion asset-purchasing program at least into 2014. "The knee-jerk reaction that we saw yesterday in the equity market and the bond market, and the follow-through today with what's going on with the dollar and currency markets in general" is "really more of a buying opportunity," Goncalves said on Thursday's "Futures Now." The ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Nov 1, 2013 12:34am Nov 1, 2013 12:34am
- IndigoPingvi
- Joined Nov 2011 | Status: Member | 65 Comments
- Comment #2
- Quote
- Nov 1, 2013 1:08am Nov 1, 2013 1:08am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #3
- Quote
- Nov 1, 2013 1:12am Nov 1, 2013 1:12am
- frx_trader
- Joined Jun 2012 | Status: Analyst | 3129 Comments
- Comment #4
- Quote
- Nov 1, 2013 2:40am Nov 1, 2013 2:40am
- backinblackl
- | Joined Nov 2012 | Status: Killuminati | 223 Comments
- Comment #5
- Quote
- Nov 1, 2013 3:15am Nov 1, 2013 3:15am
- Guest
- | IP XXX.XXX.149.23
- Comment #6
- Quote
- Nov 1, 2013 4:08am Nov 1, 2013 4:08am
- salmancute
- | Joined Oct 2013 | Status: Member | 22 Comments
- Comment #7
- Quote
- Nov 1, 2013 5:40am Nov 1, 2013 5:40am
- lumesh
- | Joined Apr 2007 | Status: Member | 285 Comments | Online Now
- Comment #8
- Quote
- Nov 1, 2013 6:12am Nov 1, 2013 6:12am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
- Comment #9
- Quote
- Nov 1, 2013 11:39am Nov 1, 2013 11:39am
- FXAnnie
- | Joined Sep 2013 | Status: Member | 12 Comments
- Comment #10
- Quote
- Nov 1, 2013 1:11pm Nov 1, 2013 1:11pm
- lumesh
- | Joined Apr 2007 | Status: Member | 285 Comments | Online Now