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 Doom and gloomers thwarted by Powell and the FOMC.

No recession in sight.

Inflation *control* less relevant.

Definitely a dovish press conference.

Risk on, imho. 
 Short dated treasuries are soaking up all the liquidity from the markets. Feds just looking to crash the markets. 
 Thanks Jeff! 
 2% inflation ‘target’ is dead 
 Looks like some shorts have been getting their faces ripped off this afternoon post-Powell presser.   
 Yeehaw