After Jamie Dimon preempted the Fed and released his stress test results two days ahead of the official announcement, the Fed has decided to go ahead and release all the results at 4:30 NY time today, in just under an hour.
More smoke and mirrors because there is nothing else to give in order to push this market that is on fumes (no volume). This "stress test" was done last year and pushed the markets up on a given day only to have the market roll over and bleed for the following weeks. Man...there are problems EVERYWHERE the world over. This is not good when you look at these headlines closely.
It's the simple things in life that have the most powerful meaning.
very good stress results- only 4 banks out of 19 didn't pass the test- compare it to euro banks that all fails in any test done
euro held no fall -manipulation
gbpusd eurousd down to parity