So, today is the big day. The FOMC minutes will be released at 2 PM. The market remained flat despite the uncertainty of the Fed’s next move. Consumer Price Index met expectations yesterday and the NAHB Housing Market beating forecasts by 3 points. However, the market failed to move with weak trading yesterday as people head out for the holiday. Today should get people’s attention. Economists are placing their bets on the possible taper timeline. But, it’s all just a guess until 2 PM today…get ready.
No comments:
Post a Comment