So What Is a Dovish Hike?

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So nine years of financial engineering could come to an end today.  Fun stuff and great theater even if  you are just a casual market observer.

What is this “dovish”hike that they speak of?  Well it means the Fed raising rates but signalling a big pause towards the next move.

Regardless of how you spin this, the dollar will most certainly rise. Will commodities take one last thrust lower on this or is it already baked in?

Has the stock market finally processed this final action by the fed or will we get hammered later today?

In any case, this will be a fun market day and those that are positioned to the extreme will either make gobs of money or go broke.  Good clean fun should be had by all.

Good luck out there.

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