FOMC Minutes

2:30 p.m. ET The market is knee-jerking as it asses the FOMC Minutes from the May meeting. I have some charts below. SP-500 +0.7%, Dow +0.3% (Transports +1.1%), NASDAQ-100 +1.4%, Small Caps +1.6% Some key takeaways include- On Multiple 50bps Hikes: “Most participants judged that 50 basis-point increases in the target range would likely be…