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Fed-Day - Market More Likely To Bounce Than Tank - Let’s See

Posted 9:30 AM ET - PRE-OPEN Market COMMENTS FED-DAY – I am expecting a relief Bounce after the FOMC statement. Notice that I used the word bounce, not rally. I have noticed some subtle changes between the price action in March and the price action in the last week that are forcing me to temper those expectations. I describe them below. There are still many unresolved issues that will weigh on the market this summer. The biggest will be economic activity. The fear of higher interest rates is that it will lead to a recession. We will not have that piece …



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Fed-Day - Market More Likely To Bounce Than Tank - Let’s See

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