The Fed Holds It’s Course Prepared to “Increase Or Reduce Purchases” – Full Redline Comparison

With the equity market dropping rather notedly into the release of the FOMC decision, chatter was that the ‘early release’ button had been hit, but…

• *FED SAYS LABOR MARKET HAS SHOWN SOME IMPROVEMENT
• *FED SEES `DOWNSIDE RISKS’ TO ECONOMIC OUTLOOK
• *FED SAYS IT’S `PREPARED TO INCREASE OR REDUCE’ PURCHASES

Which suggests some management of expectations… but more of the same and no big surprise. The only real difference from the March statement, as shown below, is the following sentence added in the fourth paragraph:

The Committee is prepared to increase or reduce the pace of its purchases to maintain appropriate policy accommodation as the outlook for the labor market or inflation changes.

Market stance pre: ES 1582, 10Y 1.62%, Gold, $1450, WTI $90.65, EUR 1.3200

Since the close of the last FOMC decision, the US long bond has gained 4.5% and is the big winner, with the S&P up only 1.8% (and gold and silver the biggest losers)…

Source

Full Redline below:

April Redline

There’s a great wealth transfer taking place right now. Are you on the losing end or the receiving end?

Wealth Transfer Planning

Precious metals have always been a safe haven for investing in high inflationary times. Historically speaking, a recurring cycle that always seems to repeat itself is periods of high inflation as a precursor to the crash of paper currencies. Those who understand this wealth cycle and position themselves in gold and silver are those who prosper.

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The Great Wealth Transfer

Watch Terry Sacka: The Wealth Transfer show on the Christian Television Network discussing the financial and influential decline of the Western world and the simultaneous wealth increase of the East. With the wealth of nations shifting, it’s imperative to understand moving forward how hard tangible assets will allow you to maintain a quality lifestyle.

Visit the Wealth Transfer archive for more episodes.

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» Read our article: Why Silver is Going Up Today?

» Read our article: Why Gold is Going Up Today?

Past performance is not an indication of future potential values.