The rolling 5-10% correction finally got around to the economic recovery theme following the June FOMC press conference and Friday’s comments from St. Louis Fed’s Bullard. The Fed was perceived to be more hawkish in their comments, confirmed two days later with Bullard’s statement that the Fed has been surprised by the strength of the recovery and underlying inflation.

Sign up to access the rest of this content!

This content is not available to free users. Sign up for a paid account to access the rest of this content.

Share this: