Powell shock attracts triple declines!

11/14PowellFRB(Board of Governors of the Federal Reserve System)chairwho is not rushing to cut ratesand plans to shift,the U.S.financial markets immediately showed a triple-sided decline(in bonds, stocks, and the dollar)as the possibility of a triple red(Republican president and Republican wins in both chambers of Congress) became certain,inflation risk was in focus at that timing,dollar-yen exchange ratedirection was in question.