The stage is set for a very busy Wednesday....followed by a very busy Thursday and a very busy Friday. So come on in and have a listen to this podcast in preparation for some significant volatility.
For today, prices recovered from an overnight beating as the POSX fell backward and the bond market rallied. However, let's not spend too much time discussing today when tomorrow is going to be crazy.
How crazy? Well, IF Jerry's Buttboy is correct, we're about to get just that expected 25 basis point fed funds hike so, IF Jerry can then sound "dovish" in his press conference...