As expected, there was no policy change out of FOMC today.
but included to think the tone of a bit Hawkish.
The market reaction was not much , The equity market continue to be
We be got record level of equities We have volatility that’s settled down.
Considering recent volatility index and put/call ratio, it is estimated
that the current trend of stronger equity market than bond market
will continue. From the point of bond analysis view, do you agree
that equity market will continue to outperform the bond market for a while?
British equity market exceeded 52 week record high. and it appears
the new prime minister has good confidence from market so far.
Do you agree that negative impact on Brexit won’t come to global
market for the time being?
How do you see now Brexit and its impact on the world economy?
The UK economy has already shown some sighs of strain following
the June 23 vote to exit the EU but US data has only gotten stronger.
That was the case in January for example, when the statement said
the Committee was “closely monitoring” global economic and financial
There was no mention of “global” issues in the December policy
The explicit concern about global development in the January statement
was a clear signal that policy would like to be on hold for several