FOMC: Why You Should Just Shut Down Your Trading Console

Let’s not mince words. This week, no matter how avid an investor you are, you’ll be better served giving your trading platform a break this week.

Obviously your broker won’t tell you this — he wants that churn in your account — and your investment adviser likely isn’t honed in enough on the markets to know this in the first place.

This week is a monster week from a macro perspective this week as the Federal Open Market Committee (FOMC) either mumbles something hawkish (or as I’ve come to say it, “unleashes the Kraken,” or simply assumes the frightened turtle position once again by pushing a rate hike indefinitely into the future.

Read my full analysis here:



Watch More:

Leave a Reply

Your email address will not be published. Required fields are marked *