The Fed will announce its moves today at 2PM.
There’s really no telling what will happen. The markets have become truly schizophrenic. For instance, stocks continue to rally as though more QE is coming.
However, Gold, which has lead stocks into every major Fed program, continues to fall…
Moreover, Treasuries continue to fall, which indicates that less bond buying is coming…
In simple terms, the markets are all over the place. Some assets are forecasting tapering, some aren’t. It’s really a toss up.
The Fed is known to leak key information to insiders, so for certain “someone” will know before the rest of us.
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Best Regards
Graham Summers
