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FOMC: Buy the rumour, sell the fact, or something else?
It’s tempting to use the September 13 FOMC meeting as a model for what is going on at the moment across markets and for the USD. But that depends on the Fed’s actions and other issues as well. FOMC: what to expect It’s all about the FOMC meeting today and what the Fed announces and the guidance it offers for the future. At issue is the replacement of the current Operation Twist, which is on the order of USD 45 billion per month. Other side issues will be the nonsense about specific economic data targets (yes, it could be meaningful for how the market we will need to react to data releases going forward, but ... (full story)
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The fragrance remains in the hands of those that gves the rose
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The Market pays you to be disciplined
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..