SPDR S&P 500 (SPY)

[risk on]

The spy tantrum cometh. Market go up into 9/21 and fed not raise? Nothing is ever that "easy". There needs to be assurances, and in order to pacify the fed deities a sacrifice needs to occur.

Best give the fed a real excuse to not raise, because as it stands they are fresh out IMO. Add to; their rate decision has now become a political issue going into the first debate.

It will be abundantly transparent that the fed is playing politics by not raising without a true excuse. They have run the gambit on the "global concern" excuse mill, so what could possibly be a reason? A market uncertainty demonstration.

But, will the market be too penny wise and dollar foolish?

Stay tuned