Business

Presented without comment.

Here is Marketwatch, March 21, 2016

Here is Marketwatch from today, three weeks later, April 14, 2016

The final auction of the week confirms that something is seriously amiss with the market.

The Fed has unleashed inflation.

And it wants more of it.

From mid-2014 until early 2016, commodities as an asset class, collapsed some 45%.

This was an all out bloodbath. But despite this collapse in prices, inflation began to perk up.

Since that time, numerous Fed officials, including Fed Vice-Chair Stanley Fischer have concluded that inflation has arrived and that the Fed wants more of it.

Via Dana Lyons' Tumblr,

A key index of oil stocks has moved back above its (temporarily broken) 30-year up trendline…for now.

During a post-presentation Q&A in Chicago this morning, Atlanta Fed head Dennis Lockhart warned investors that Brexit is a notable risk and was a consideration within Fed policy meetings (along with every global nation's problems, we presume). However, it was his follow-up comment that has created notable chatter among the "mandate-driven","data-dependent" Fed watching community when he said that any Brexit issues "shouldn't stop the music" for The Fed.