Latest report on the Fed has the markets very nervous today

The markets are nervous because the Fed seems to be split on how to proceed with monetary policy in today's weakening economic conditions. Some Fed governors are hawkish, some are dovish, and some think that the Fed can't really do anything because the problems are more structural. All of this indecision is causing the market to believe that the Fed is in a state of paralysis and hence the selling in the stock market and the safe haven flow into the USD, Yen, CHF, and Gold.

Source: The Wall Street Journal

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