Why One Trader “Can’t Stop Thinking About The FOMC Meeting”
On Wednesday I noted that when it comes to financial conditions, the Fed has the green light they need to lean hawkish this month.
Of course they won't hike, but there's plenty of room for the expression of a tightening bias in the statement. Or at least if you're talking in terms of stocks and the dollar. Here's what I said yesterday:
The Fed is looking for a green light from financial conditions and that means rising stocks and an anchored dollar. Well they've gotten it this week. Post-2015 D