Would that lead to more gains in equities, probably in the short term(months), also suggests that equities tend to perform well in the latter part of the year(October to January). Getting more technical, price has scored a weekly two weeks ago, meanwhile, Momentum signaled a hidden , giving the scenario of retesting the top of the main rising channels further chances.
A break of this channel resistance may lead to an acceleration of the rise, for a final upside leg, as irrationality takes control, which may be the final episode of the fed epic, as the withdrawal of the unprecedented scale of asset purchases, which ballooned the fed's closer to $4 trillion wont be that much fun, in my opinion the process will probably be chaotic, uncontrollable, and will lead to major spike in yields =bonds crash.
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