Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

As I said, I think the feds should raise the rates by .25%, but I doubt they will, on the other hand, I am pretty convinced that they have absolutely no inkling of lowering these further. Like any FOMC, immediately after they read their announcement (balance between risk of slow economy and inflation, doing nothing), the market will spike down and then up, and will finish below where they were. Into 2:00PM, we typically get a rise, so expect tomorrow to be up till about then. Just MTO.

Zeev