Thoughts ahead of FOMC rate decision at 2pm ET

At 2:00pm ET today, the FOMC will make its interest rate decision for September and a press conference starting at 2:30pm ET:

  • The Street is expecting 25bp and I think that sounds right
  • Consensus thinks stocks will sink in disappointment at 25bp
  • This is what I am hearing from many investors as well

But here is our take:

  • Stocks are hesitant today and tentative to Fed
  • Investors are expecting stocks to be down

Thus, we think stocks rally post Fed decision

Thoughts ahead of FOMC rate decision at 2pm ET
Thoughts ahead of FOMC rate decision at 2pm ET
Thoughts ahead of FOMC rate decision at 2pm ET
Thoughts ahead of FOMC rate decision at 2pm ET

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