Calling Yellen's Bluff

Despite Fed Chair Yellen just saying that the chance for raising rates has "strengthened," Treasuries, REITs, utilities, commodities, and stocks all rallied, likely hinting that the market is calling Yellen's bluff she will not, in fact, actually raise rates.

I am reminded of the following hand between Phil Ivey and Paul Jackson as an analogy to the current situation of market vs. Fed, with each side not necessarily strong but sensing their opponent's weakness. 

More on this later.