What Will It Take For The Fed To Panic And Bail Out The Market Once Again: BofA Explains
by Tyler Durden
ZeroHedge.com
08/20/2015
Short-term, markets seem intent on forcing either the Fed to pass in September, or the Chinese to launch a more comprehensive and credible policy package to boost growth expectations. Alternatively, a credit event in commodities (note CDS is widening sharply for resources companies – front page chart) may be necessary to cause policy-makers to panic. Markets stop panicking when central banks start panicking.”
The Rest…HERE
