Loading ...Today is the most important Fed meeting in our lifetimes, after last month’s report and the report before that, and that, and…
Maybe my pride and ego are in the way and I’m not seeing things clearly, but I just don’t see cause for concern about anything the Fed does from here on out. They only have one option anymore really, and that’s to restart QE, especially if the Regionals start to crumble. There just are no options.
The SM has been a boom for the economy for over a decade without fail, but if it’s the banks, they’ve completely lost the markets going forward.
Usual stuff this am, dollar down, 10 yr. down a couple bips to 3.41%. Gold and silver flat but will not surely end where they are now. Soft and hard commodities are easing and mixed across the board.
I don’t see how they can win in this meeting. If they raise and say done, we rally. If they don’t, we rally. Even if they raise and say nothing, which would be worst case scenario.