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FOMC Will Be A Non-Event - Stocks Will Grind Higher After the News

Tags: fomc market

Posted 9:00 AM ET - The Market has been treading water near the all-time high. This Wednesday the Fomc will release its statement and we can expect a rate hike in December. The market breakout from last week should hold and any dip will present a buying opportunity. The debt ceiling has been extended and Trump has shown a willingness to work with Democrats. Politicians know that a tax bill is on the front burner. Any progress (or rumor thereof) will fuel a rally. Earnings season was good and guidance was stellar. Economic data points have been consistent with moderate growth. …



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FOMC Will Be A Non-Event - Stocks Will Grind Higher After the News

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