Scott Maragioglio (212-692-6392) smaragio@epiphanyresearch.com
We hate Fed day. The cross currents are crazy and we never seem to get it right. The Fed didn't make any changes, but did put out some dovish language. The market rallied on the report as traders ran with what was perceived as bullish news.
Here's an article from Barry Ritholtz talking about what he believes are important data points driving the Fed and why he doesn't believe in the "soft landing" idea.
http://usmarket.seekingalpha.com/article/22256
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