THE FFQ6 SELLER: WILL HE BE RIGHT ABOUT THIS FOMC MEETING?
The 'tourist examines why the market has diverged from economists' forecasts for the chance of a hike at this upcoming FOMC meeting
THE FFQ6 SELLER: WILL HE BE RIGHT ABOUT THIS FOMC MEETING?
I suspect many equity folks don’t appreciate the uniqueness of this week’s FOMC meeting. For the past few decades, the Federal Reserve has operated on the premise of guiding markets whenever there is a change in policy. The rationale being that the Fed didn’t want to surprise markets. For example…