Goldilocks Opportunity To Invest In S&P 500 Ahead Of Historic FOMC Meeting
FX Analyst • Today, 8:05 AM
- Historic FOMC Meeting in October 2014 marks the end of QE but no pressure on Fed to raise rates from both inflation and labour data.
- Sustained improvement in economic data and employment data trickles down to Main Street as seen in soaring Consumer Confidence Index at 7-year high.
- Goldilocks economy where economy is growing but rates are not rising until mid 2015.
- Capitalize on this opportunity by buying broad based SPY or discretionary consumption XLE.