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Thursday, 18 June 2015

Day2 FOMC...................from Rico

Yawn. Another Day2 of the monthly FOMC comedy show.
 
After the release of the FOMC minutes, FED Chair Janet Yellankespan will speak.
- So what? Why should anyone care?
 
Four of the last five times she did this, the S&P closed higher, proving two things:
- The traders [read: algo's] ignore the obvious shitty fundamentals.
- For a con to 'work' the sucker has to want to believe in it.

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