Wednesday, December 12, 2012

Market Performance on QE Announcement Days

From ZeroHedge:
Spot The Odd One Out
A funny thing happened today. For the first time, the equity and bond market closed red (and VIX green) on a Federal Reserve QE-announcement day. Gold outperformed stocks and Treasuries underperformed everything...

The S&P 500 futures contract has never closed red on the day of a QE announcement before...


VIX closed higher for the first time ever on a QE announcement day...

...MORE