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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.

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Wednesday, November 30, 2016

Beige Book Report: Current Conditions Do Not Support Dec/16 Rate Hike

This summary of today's release of the FOMC Beige Book Report (courtesy of Nasdaq.com) is hinting that current soft economic conditions may not be supportive of an FOMC rate hike in December.

We'll see what current (and any anticipatory) factors may have been considered that would warrant a rate hike, if one is, in fact, implemented...hopefully, they will be clearly spelled out in Ms. Yellen's 2:30 pm press conference that will follow the Fed's rate announcement on December 14th.


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