"The Federal Open Market Committee begins its two-day meeting Tuesday. No press conference is scheduled at its conclusion Wednesday afternoon." got this from cnbc website...
Seeking Alpha article says that the mkt is screaming at Yellen to stop being such a hawk. No, it's not parody. People actually believe she's a hawk. http://seekingalpha.com/article/335...e-to-yellen-you-have-become-too-hawkish?ifp=0
There is no easy way out of this.. Bottomline.. deflation means the debt becomes less sustainable, to much inflation leads to complete instability.. by those gold and dxy charts, we are already seeing deflation...
"Fed sees improving economy, job market; September rate hike in view" - http://www.reuters.com/article/idUSKCN0Q30B420150729
thanks Janet for the heart attack, I can't believe I didn't get stopped out of my short eur.usd on that spike. Man, I've been with this trade a long time, oh it's painful to see it wiped out in a matter of seconds based on nothing more than what a woman says...oh well, looks like we are back on track, so carry on