The March FOMC meeting begins today
The March FOMC meeting begins today: Tom Essaye Quoted in Barron’s
Stocks Open Lower Ahead of Fed Meeting
The FOMC’s March meeting kicks off on Tuesday. While a rate cut has been ruled out by traders, they will pay close attention to Federal Reserve Chair Jerome Powell’s press conference on Wednesday.
“The March FOMC meeting begins today and barring any material ‘tape bombs’ the markets should fall into a familiar positioning churn ahead of tomorrow’s policy announcement and Powell’s press conference,” writes Sevens Report Research’s Tom Essaye.
Also, click here to view the full Barron’s article published on March 19th, 2024. However, to see the Sevens Report’s full comments on the current market environment sign up here.
If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.
To strengthen your market knowledge take a free trial of The Sevens Report.
Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.
