When the Federal Open Market Committee (FOMC) will meet January 26-27, soul searching will take place, a Credit Suisse report says. Ultimately this could involve the Fed whispering sweet nothings into investor's ear. This said, a technical top appears to have been put in stocks – and bonds could experience a “scarcity” rally.
FOMC expected to tell markets it feels their pain
Be calm, my little investor, be calm. The FOMC, that branch of the U.S. Federal Reserve that plans the direction of monetary policy, could sing a soothing song when it meets near the end of the month.
“We believe the FOMC will seek to assure investors...
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