Dow Dumps To One-Week Lows, 30 Yield Hits 3.00%
March 20, 2019 at 11:22 AM EDT
Powell is in trouble. With markets already pricing in 16bps of rate-cuts in 2019, he will have to fully 'throw in the towel' to be dovish enough to support equity's decoupling from reality, judging by stocks and bonds today, investors aren't sure.