The Nikkei 225 in japan is off 3% now, extending lower still

  • overnight US equity futures also down more, S&P500 eminis off 0.4%
  • Shanghai -0.82%
  • HK -1.13%
  • ASX -1.03%

The FOMC hikes rates (ICYMI :-D ) but did signal a reduced pace of hikes next year … Powell's performance at his press conference has come in for a lot of criticism and finger pointing as the culprit for the weak stock market.

If Trump is looking for an excuse to fire him … yikes … Powell's presser might be it.