Today's Economic Calendar
FOMC meeting begins
6:00 NFIB Small Business Optimism Index
8:30 Productivity and Costs
8:55 Redbook Chain Store Sales
1:00 PM Results of $24B, 10-Year Note Auction
Today's Markets
In Asia, Japan -0.1%. Hong Kong -0.2%. China +0.1%. India -0.6%.
In Europe, at midday, London -1.3%. Paris -1%. Frankfurt -1.7%.
Futures at 6:20, Dow -0.4%. S&P -0.4%. Nasdaq -0.4%. Crude -0.4% to $58.81. Gold +0.3% to $1469.60. Bitcoin -1.8% to $7353.
Ten-year Treasury Yield -3 bps to 1.8%
The Chairman named Volker is dead
His term saw inflation widespread
With rate levitation
He conquered inflation
The last honest man at The Fed!
- The Limerick King
Dan