Strategy Central

[smartone]

I think market is going to hang in tight range until the Fed meeting..

the question is what is fed going to do?
if they pause then market explodes
if they continue market tanks

I think that inflation is a huge worry and weak job numbers show that we might be entering a period of stagflation.. however since this is new Bush appointed Fed chairman - the Fed can no longer been seen as an unbias institution - like everything else in Bush administration politics now trumps policy therefore I bet Fed stops rates and paints a rosy "strong economy" no inflation picture - I would think this is last interest increase till after nov elections.