Pre-Portcullis

a few final FOMC thoughts

With only two hours to go (as of this composition) until the FOMC, I thought I’d share a few thoughts before the big event. The most intriguing thing I notice is that, on the whole, equity markets have been losing steam in recent days. Examine the equity futures since late last week. We have here the Dow 30 contracts, which are lurching from one lower h…