And That's A Wrap

And That's A Wrap

From typepad.com

If you had any doubt about the outcome of next week's FOMC meeting, Friday's employment report set you straight. When I try to think about what could stay the Fed's hand at this point, I am down to zombie apocalypse or act of God. I am not betting on either. By next week, we will be wrapping up our coverage of ZIRP, quietly filing away everything we learned for the next recession. That we return to ZIRP in the future remains my long-run view. But that is a concern for a future date. The employment report was solid, with the economy adding 211k jobs in November while October was revised up to 298k. Some momentum has ... (full story)

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Dec 7, 2015 10:35am

Quoting JackAce

Disliked

but, but, ... everyone says that it's a done deal
Just like Draghi last week.

Ignored

I don't know enough to judge the market or to attach any probabilities to an event but if it does not happen for whatever reason after everyone talked about it I will be ready to trade the huge spike.

The best news outcome to profit from is the unexpected one even if it does not happen often.