Last Point about the FED....

Last Point about the FED....

I want you to remember one thing before 1400. They can choose to raise interest rates at the level that they feel fit. Although a raise seems likely what sort of raise will it be? Will it be the full 0.25% that the market is expecting or 0.15%? Maybe 0.10 or 0.05%? They don't have to do what the market expects ok. You need to be ready for that. Price is already at a point where the markets have priced in the hike. You can expect a very choppy and stop hunting exercise for the ill prepared which is the majority of market participants. The commercials are usually right and they speak a very different story here. So well there you have it. A final point to consider before the big event which is really not a big event at all. It is supposed to set forward guidance for the markets. For what I might ask? Since when have the markets cared about forward guidance or fundamentals over the past eight years or so? When have they ever? Something to consider. The Fed lags the markets it doesn't lead and to use them as a leading indicator is a huge mistake.