“QE-Off Rumor?” Bonds Down, Stocks Down, Gold Down

S&P 500 futures are currently experiencing the largest intraday drop in May – seemingly set off by this which was largely a joke uttered about an hour ago…

… Which promptly escalated into a full-blown rumor that Hilsenrath is about to issue an article heralding the end or tapering of QE.

Sigh.

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Treasury prices buckled lower, gold and silver are falling and US stocks are back at Tuesday’s close…

 

biggest drop in S&P 500 futures in May…

.

Source: http://www.zerohedge.com/news/2013-05-09/qe-rumor-bonds-down-stocks-down-gold-down


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