Hedge cash had come to be ‘extreme’ sellers of shares even ahead of Yellen’s desire-rate remarks. Here’s why.
Oops. As a previous Federal Reserve chair herself, now Treasury Secretary Janet Yellen ought to have regarded that her feedback about the probability of a require for an fascination-rate hike would send markets into a tizzy, and by the conclude of the working day she experienced walked again her remarks. No issue, as they’d introduced […]