Today is the last big economic news day before the FOMC announcement next week. The Jobs report out yesterday reportedly left the FOMC divided on asset tapering plans. Today producer prices, retail sales, and consumer sentiment are all released today at 8:30. Investors are left wondering what the Fed will announce next week; you can tell by the trading patterns that are moving more quickly between highs and lows. Many analysts are optimistic stating the Fed’s withdrawal from the market is already priced into today’s rates. Hopefully, they are right…
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