It’s Fed Minutes Wednesday
The media will give us a heaping helping of hype (HHH or 3xH) today as the goons release what they talked about at the last FOMC meeting.
Oh, the tension is so thick you could cut it with a knife. You can click on Jerome to receive the article from Barron’s. We’ll see if the machines – which have been really literal and predictable at each Fed news day this year – react to what we already know and sell bonds or for once, do the contrary thing.
Meanwhile, I think it is also interesting that the media are serving up some interesting economic cool-down (and by extension, possibly inflation cool-down) headlines today. From MarketWatch:
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