Authored by Peter Tchir via Academy Securities,
I generally hate FOMC meeting days. Despite all the preparation you’ve done, most of us seem to spend the hours ahead of the decision at 2pm and the press conference at 2:30 second guessing everything. Staring at the tape trying to divine some information that you’ve missed. That isn’t made any easier in what has been an extremely volatile tape with intraday swings that are as violent and large as I’ve seen in a long time. We will come back to the Fed in a moment, but there is a consensus, which […]
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