Bullish For Fed Tomorrow
One, the Fed's been adding liquidity to the market to sure up its short term lending. That adding of liquidity is in the billions.
The other story that surfaced is that the Fed plans to hold rates even if the economy and inflation move past their targets.
More liquidity, low rates longer and strong jobs are bullish for tomorrow.
The market's worried about trade and North Korea, which is fair. But I think that new rounds of Fed liquidity at a time of a good economy can light up the market.
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