One More Day.
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One More Day. Dear investor.
The Fed meeting started today and as expected investors are taking a wait-and-see posture.
We will see some profit-taking along with new positions, but nothing overwhelming.
The general consensus is in the camp that rates will remain as is...with the 10-year treasury at an extreme level and showing signs of topping, this works almost as a rate hike.
In the Middle East things are horrible; the possibility of escalation is real, it could happen at any moment.
Reports of missiles coming from other countries continue to surface.
After the Fed's decision: Investors will initiate new positions.
Short-term: Headlines are your buying opportunities.
Long-term: Fundamentals are your guide.
Much success to all. |
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