Mother's Mumblings

76
Thu, Nov 17, 2016 - 11:20am

Today, Mother all but confirmed what "the market" has been expecting for months...namely, that the FOMC will raise the Fed Funds rate when they meet next month. As "the markets" have already priced this in, perhaps we should now expect the sell-the-rumor, buy-the-news reaction in December that we've been predicting?

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