This is our take on the FED & BOJ tomorrow. I wrote it up quickly - there isn't a lot of time left, and it's not Shakespeare, but I hope it will add value! https://www.sizetrade.com/fed-boj-what-to-expect-9202016/
"But here’s the other side of the scenario. We know the FED want to raise rates this year. They are dying to raise rates. The reason they are dying to raise rates is because they know their window for raising rates is closing, and the longer it takes them to raise rates to more normal levels, even 2% which is historically very low, if we do go into another recession, they won’t have the ability to lower rates because of that zero bound." the idea that the fed is "dying" to raise rates is a bit of a stretch
If the fed wasn't dying to raise rates then they wouldn't raise rates this year as we have 1% growth and core inflation is below 2% on their preferred matrix. The problem is the fed is now beholden to the stock market and everytime it seems they are going to raise, the market has a blip and they back off or find an excuse not to raise
The fed will only look out for their own interests... Untill it becomes so unpopular to have socialist economic intervention... People really have no clue what the results of diluting our money really has....their only interest is to show they haven't lost control... If they hike and the market sells off 200 points .. people will say they hiked to soon.... They are dying to cover their ass if you ask me...
Expect no hike and a hawkish statement. How the markets will react to this is lot more difficult to figure out
Your bull avatar made me think of a recent Youtube clip I watched... Bull Collapses And Dies After Hitting Wall
Bingo...right on. Expect a huge zig-zag move. We could go down 200 and end up 300 with the Dow. This is called "price discovery"....it's always like this with news-related moves.