fra Zerohedge:
Stocks were lifted after hours overnight – helped by Jon Hilsenrath’s apparent confirmation that there’s no rate hikes in 2015 (as the market already knew) and dismal data this morning provided the “bad news is good news.” That temporarily stalled when Dudley hinted that The Fed doesn’t care what inflation is, it will hike – sending stocks lower… but that qucikly turned into a dip for panic-buyers to embrace with both hands and feet…
Quite a swing on the week (using Dow and S&P Futures as an illustration) as S&P Futs ran stops but Dow Futs couldn’t quite make it…
