This Week In The Markets Will Be Interesting To Say The Least
I was already leaning to the FED doing an early 25 basis point hike this week instead of waiting for March. They are so far behind the curve, why would you wait? What I was wondering was, does the market rally before the meeting and then sell off or does it fall a bit more before the meeting and then drop sharply after a hike but quickly reverse and then have a rally? It will be interesting to see how it all plays out. I thought there was a chance they would wait until March but with Biden blaming them, it gives Powell and the FED cover to raise now. https://www.zerohedge.com/markets/biden-already-blames-powell-democrats-house-and-senate-losses-november