Sunset Strip > Trading Day Wrap From Blue Ocean 20170303

Mathan Somasundaram

Local market fell on the open and then recovered some losses to give up substantial part of yesterday’s gains. Markets are working through the implications of increased fiscal spending without spending cuts…likely to drive inflation higher and force US Fed to move faster than expected. US Fed rate hike March outlook has moved from 30% to near 90% in just over a week…US Fed Chair Janet Yellen is talking tonight…market could just about do anything at this point!!! Click here for the full report...(VIEW LINK)


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