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Short Term Trading Week Starting: 26 November 2018, page-54

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Quantum Torus

13,127 Posts.

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28/11/18

17:58

Post #: 36675325
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Originally posted by Bugsam ↑

Originally posted by Diver Dan
Apologies: The Fed Chair is scheduled to give his prepared speech and take questions at 12:00ET Wednesday or 01:00 AWST/04:00 AET (your Thursday).
Cheers Dan love reading your insights on the US, and great to see you back . Always interest in the Fed talk, but seems to be awful lot more around right now, I'd say no doubt owing to the uncertain market conditions around right now. Are still rumors around that they may not hike rates in December, but seems rather unlikely. But does appear likely Powell may at least come out sounding a little less hawkish.

Seems chat has gone from (probably even late September) where there were concerns about the economy overheating, to where now there are a number of analysts predicting a US recession late 2019 if things carry on as is. Giving me whiplash trying to keep up. With the G20 talks and FOMC later this week, a lot of potential for big news catalysts in the near term. Whether anything come of it... well who knows.

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you're a bit of a softy at heart bugs

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