Fed, Elections, Debt Ceiling all connected

While, in the coming two weeks, all political eyes in Washington will be on final runup to the midterm elections and the battle to control Congress, markets will be focused on this Thursday’s release of 3rd Quarter GDP and the Fed’s Federal Open Markets Committee (FOMC) meeting on November 1-2.  The FOMC will put the Chair’s post-meeting press conference and his remarks on the economy in the middle of a news cycle six days before America goes to the polls to vote. As all polls show t...

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