Tomorrow will be the FOMC rate decision for November.

There is little doubt that they will raise their benchmark by 75 basis points.

The speculation is on what they might say, of any hints of relaxation or a 'pivot' in this increasing of rates.

And looming beyond that, but all too related will be the October Payrolls report on Friday.

For having inflated another spectacular financial asset bubble, and greatly increasing the inequality between the wealthy few and the rest, the Fed must now put forward restraints and some privation, on those whom it has not benefited in its long malfeasance.

Audacious oligarchy.

Stocks popped and flopped, first on a rumor about China's covid policy that seemingly had no basis in fact, and then a stronger than expected JOLTS jobs tally, which sent stock back down again.

The US Dollar chopped sideways, while gold and silver rebounded but then gave back some of their gains throughout the day.

The next few days are going to set the direction.

Have a pleasant evening.

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