When the Federal Open Market Committee (FOMC) will meet January 26-27, soul searching will take place, a Credit Suisse report says. Ultimately this could involve the Fed whispering sweet nothings into investor’s ear. This said, a technical top appears to have been put in stocks – and bonds could experience a “scarcity” rally. FOMC expected to tell markets it feels their pain Be calm, my little investor, be calm. The FOMC, that branch of the U.S. Federal Reserve that plans the direction of monetary policy, could sing a soothing song when it meets near the end of the month. “We believe the…
Credit Suisse Expects Soothing Words To Come Out of FOMC Meeting
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.