We just saw a move that I haven't seen in years.
The FED comes out and says rates going higher.
Market should have went down and instead we had a Massive Short Squeeze and they fooled everyone.
Then today after the opening pop. The Big Money mangers start making their moves.
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They smelled blood and took the easy money. Now they re-balance for taper. Retail pain in play for Q1 2022?
Over here rates put up. Short blip in FTSE then stayed up by 1%. Rates are still mega low but inflation at 5% so rates up lesser of the two evils