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Waiting for the Fed in a Lackluster Trading Day

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Jesse

Le Cafe Americain

Published : December 12th, 2019

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	"Progress is a nice word. But change is its motivator. And change has its enemies.” Robert F. Kennedy Stocks remained largely unchanged in a weak trade with a deceptively wide trading range. The Dollar was lower while gold and silver moved higher. I think it is fair to say that the markets are waiting to see how something unfolds. I suspect that the FOMC tomorrow is the first shoe to drop, if only to confirm that the Fed is going to be on hold with a high bar for increases. The UK general election will be the next, followed by the anticipated action on tariffs with China this weekend. Let's see what happens. Have a pleasant evening.

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