There's not much to add this morning as the remainder of this week will center around Chief Goon Powell and his Fedlines this afternoon.
As we've discussed for weeks, there is ZERO chance of a fed funds rate hike this afternoon and all of the action will center around the verbiage of the Fedlines and Powell's press conference. What will he say about the course of future "policy"? What about QT? Etc, etc, blah, blah, blah.
(And if you're not familiar with the LIESman Shiny Head Index, you can read more about it here: ...
