FOMC DRIFT ANALYSIS

Has it disappeared, or occurring earlier?

With all the excitement in stock market these days, it’s easy to forget that there are opportunities in other markets. It’s not getting much play, but today is the start of the two-day FOMC meeting.

The reason I bring this up?

In the past, this has been a start of the FOMC-”drift” period.

The tendency for the stock market to rally during into the FOMC ann…