Thread: Money Investing megathread extravaganza
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Old 06-15-2021, 10:14 AM   #10134
lewdog lewdog is offline
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Join Date: Sep 2011
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Quote:
Originally Posted by scho63 View Post
The PPI report today was horrible and the big boys are on the sidelines until hearing the Fed statement tomorrow.

They do NOT want to hear tightening or Fed increase in rates. They want to hear that the Fed believes this is a temporary blip from COVID reopening and pent up demand.

That's not what I believe but if the Fed says so, then market should move higher.
Yup. I think Fed report sounds “smooth” tomorrow. Market just waiting to hear good news.
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