Fedcher J Powell's Press Conference

Randy, i would say the press conference was slightly more duvish in that powell made it very clear that fed's going to be data dependent going forward. But he also sort of re emphasized the three point four % rate of her fed funds for the end of the year. So i would say, exactly as the market expected. No surprises. Slightly more doubbish press conference. One of the reasons equities have reacted so strongly. And i would note, bonds have rallied as well. The curve has flattened somewhat a witha, the tenure coming down towards, towards the sor ta twit.