Deutsche Gin: The navigator goes into the back zone and the Fed's Fuzzy Signal goes to the fire

ON 30 JULY, DEUTSCHE BANK STATED THAT THE FEDERAL RESERVE'S DECISION TO MAINTAIN INTEREST RATES UNCHANGED AND THE LIMITED DETAILS PROVIDED BY CHAIRMAN WALSH HAD TRIGGERED A STEEP AND STEEPLY STEEPER UNITED STATES DEBT YIELD CURVE, BOOSTING THE RATE TO 5.20 PER CENT OVER A 30-YEAR PERIOD AND PLACING PRESSURE ON THE STOCK MARKET. THE STANDARD 500 INDEX IS THE WORST SINGLE-DAY PERFORMANCE IN THE NEXT SEVEN WEEKS, WHILE THE WEAKNESS OF THE TECHNOLOGY UNIT HAS DRAGGED THE NASDAQ 100 INDEX INTO THE BACK-TO-BACK ZONE. STOCK MARKET PERFORMANCE IN ASIA AND EUROPE HAS BEEN MIXED. THE RISE IN THE RATE OF RETURN ON UNITED STATES DEBT EVENTUALLY PUT PRESSURE ON THE STOCK MARKET AFTER EXPERIENCING LARGE FLUCTUATIONS. AT ONE POINT BEFORE THE FOMC MEETING, THE TPP 500 INDEX FELL BY MORE THAN 0.5 PER CENT AND WENT UP DURING THE WOSH PRESS CONFERENCE, BUT SUFFERED A SIGNIFICANT SETBACK IN THE LAST TRADING HOUR, WHICH EVENTUALLY FELL BY 1.52 PER CENT. ONCE AGAIN, THE CHIP UNIT SUFFERED A SERIOUS SETBACK AND THE STOCK MARKET WAS EXHAUSTED, AND THE PHILADELPHIA SEMICONDUCTOR INDEX FELL BY 5.33 PER CENT. THE FALL IN THE SCIENCE AND TECHNOLOGY UNIT ALSO BROUGHT THE NASDAQ 100 INDEX (-2.06 PER CENT) INTO THE TECHNICAL RANGE, WHICH IS CURRENTLY 11.3 PER CENT BELOW ITS PEAK IN EARLY JUNE。