Seeking Alpha

Futures mark time ahead of FOMC results

  • Stock indices are little-changed, following the lead of little-changed global markets, and ahead of the FOMC announcement at 2 ET and Janet Yellen's subsequent press conference. Most expect the Fed to continue with the taper and for updated guidance about what might have the central bankers considering higher interest rates.
  • The 10-year Treasury yield is unchanged at 2.68% and gold continues to fall back after Ukraine tremors had it challenging $1,400 per ounce earlier this week - the metal's off another 1% to $1,346.
  • ETFs: SPY, SH, DIA, SSO, SDS, IVV, VOO, SPXU, UPRO, RSP, DOG, DXD, RWL, EPS, UDOW, SDOW, DDM, BXUB, TRND, SFLA, BXUC, BXDB
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Comments (1)
  • timbo-anti castro
    , contributor
    Comments (171) | Send Message
     
    The FOMC has decided to keep tapering until inflation becomes a problem and then we can always manipulate the markets with further pumping as long as we only continue to screw future generations that haven't been born yet to protect our big bank buddies.
    Easy decision.
    19 Mar 2014, 08:56 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
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