Foget the Fed.....Beware of a Yankees World Series Victory!
- For the first time in a very long-time, there is a question about what the Fed is going to do with their rate announcement on the eve of their meeting. This could create more volatility than usual…once the decision (and guidance) is announced.
- However, we have a MUCH more important development that has taken place this week. The Red Sox are fading…and the Yankees are surging. This is VERY negative for the markets. If it becomes evident that the Yankees are going to win it all, sell everything!!!
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