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US government is already running on fumes

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: We get the minutes of the September FOMC at 2 pm today. The WSJ headline is “Global Stocks Edge Lower as Investors Await Fed Minutes.” What nonsense--we will not get one scrap of useful new information or insight. If the Fed was concerned about global develop-ments, what can have changed in just a few weeks to induce observers to think that factor is off the ta-ble? As for stabilizing equity markets—the Fed can’t take credit for that. The bottom (1868 in S&P) was al-ready in when

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