UPDATE: Well that didn’t last long…

A decidedly dovish FOMC Minutes, warning that the economy is not ready for rate-hikes, has driven rate-hike odds to their lows once again. December and January odds are now below 50% and markets are reacting with bond, crude, and bullion buying, dollar selling and stocks uncertainty.

Rate hike odds drop…

With bonds & bullion outperforming…

And WTI crude tops $50…