Stocks Slump Into Red After Fed’s Evans Warns Of Rising Uncertainty

Monday, March 20, 2017
By Paul Martin

by Tyler Durden
ZeroHedge.com
Mar 20, 2017

While we expected hawkish tilt to the Fed’s speakers this week – in confusing opposition to Yellen’s dovish commentary – it appears Fed’s Evans comments that he “sees more upside possibility in uncertainty” facing The Fed, has sparked a wave of selling in stocks…

*EVANS SEES MORE UPSIDE POSSIBILITY IN UNCERTAINTY FACING FED
*EVANS: LOWER CAPITAL EXPANSION MAY REFLECT LOWER TREND GROWTH

And just to confuse more, Evans offered this more hawkish bias too…

“This is a challenging time period to all of a sudden have a big injection of positive fiscal policy expansion because we are pretty close to full employment. We might be at full employment,”

That’s not what the market wanted to hear…

The Rest…HERE

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