My comment: Have a look at asset correlations over the recent event. You should try to hold those assets that rose in value in times of uncertainty if you already hold bucket loads of equities.
Markets turn defensive ahead of Fed
By Arthur Hill
Market Indicators
The PerfChart below shows the performance for five intermarket related ETFs over the last two days. Stocks and the oil are down as money moved out of risk ahead of Wednesday's FOMC policy statement. Conversely, bonds, gold and the Dollar are up as money moved into relative safety. These are the relationships to watch going forward.
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