Markets Are Rising In The Calm Before The Storm!!! Schizomarket On Edge As FOMC Meeting Begins!!! ANALYST: Now That The Cheap Money Is Coming To An End, We Can See The Bubble To End All Bubbles
June 18th, 2013
Markets Are Rising In The Calm Before The Storm
Tomorrow is the big day, when we might get clues about whether the Fed will begin to pull back a bit on monetary easing.
Today is the calm before the storm, and it’s pretty quiet.
Futures are up in the US and markets are higher in Europe.
Japan ended down merely 0.2%, which is super-quiet.
China gained 0.4%.
Today we get CPI and housing starts.
Both should be interesting, especially CPI given the disinflation trend.
Inflation protests erupt in Brazil, E.U. and U.S. launch largest bilateral trade deal in history, and China’s biggest banks are turning up the pressure
Read more: http://www.businessinsider.com/opening-bell-tuesday-18-2013-6
ANALYST: Now That The Cheap Money Is Coming To An End, We Can See The Bubble To End All Bubbles