Federal Open Market Committee (FOMC) participants gather at the Marriner S. Eccles Building in Washington, D.C., for a two-day meeting held on April 26-27, 2016

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Since the Jan 26th FOMC meeting, bonds have been a bloodbath while stocks and gold are higher and the dollar flat...

We have also seen a dramatic rise in rate-hike odds in the period since the last FOMC meeting (helped in some part by Jim Bullard's uber hawkish perspective), with a 60% chance of a 50bps hike in March priced-in...

And as the liftoff and trajectory of rate-hikes soared, the yield curve has collapsed signaling growing market fears that The Fed is on a path to a policy error...

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