What Will It Take For The Fed To Panic And Bail Out The Market Once Again: BofA Explains

Friday, August 21, 2015
By Paul Martin

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.”

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