A Look Around Markets In A Scary Post-FOMC Morning

The FOMC meeting triggered a global equity selloff, with major indexes in Japan, London and Europe correcting roughly 3% and gapping down markedly at this morning's open. This is a market-wide risk-off move that will likely elevate volatility, pressure equity positions and prompt reassessment of hedging and exposure in short term.

Analysis

The FOMC meeting triggered a global equity selloff, with major indexes in Japan, London and Europe correcting roughly 3% and gapping down markedly at this morning's open. This is a market-wide risk-off move that will likely elevate volatility, pressure equity positions and prompt reassessment of hedging and exposure in short term.