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Livingston nh  19:05:10 GMT - 09/12/2016
JM - you got a rally (not a bounce) on the Wings of a Dove -- even bond yields have dropped

NY JM  13:13:26 GMT - 09/12/2016
nh, if she is dovish do equities have a relief rally?

Livingston nh  13:10:57 GMT - 09/12/2016
Brainard may be staking out her own position like she did last year - she is an internationalist and leader of PCE inflation worriers - she would have to do a complete 180 turnaround on her inflation statements over the past year

Seems likely that she will caution FOMC against any moves w/o confirming "DATA"

Livingston nh  11:42:25 GMT - 09/12/2016
So shall we trade today on FED Words and empty promises -
OR will markets finally dismiss the talk -
"Sing me no song! Read me no rhyme!
Don't waste my time, Show me!
Don't talk of Soon, Don't talk of Fall!
Don't talk at all! Show me!"
_________
The auctions should speak louder of market expectations - FX is hostage to Rates

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