Stocks And Precious Metals Charts - Dithering Ahead Of The Fed - FOMC Tomorrow, NFP On Friday
The markets are pacing in circles, waiting for the Fed announce their benchmark rate decision tomorrow afternoon.
The markets are pricing in a 50 bp rate increase with several more to follow in subsequent FOMC meetings.
The dollar backed off a bit but remains firmly on the 103 handle.
The VIX continued to pull back.
The next three days will tell us quite a bit.
Have a pleasant evening.
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Disclaimer: These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from ...
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