10 yr. rates up to 2.18%, USD down, SM futures are ripping higher – especially the Nasdaq.
With rates already doing the job for the Fed, no doubt about a .25 hike, a .50 move would surprise the markets and hit everything.
I’d almost like to see pm’s flat or down a bit into the announcement. Regardless, I think pm’s are going higher after the announcement and into tomorrow.
That’s why you guys pay me the big bucks – for my fearful predictions.