| | | | | We’ve got the Fed coming out on Wednesday and the overwhelming consensus is for a 25 basis point hike.
I think there’s a chance they could do more — they’ve still got problems with wages, gasoline prices are ticking higher.
Eggs, although they can point to other excuses, is possibly symptomatic of a deeper inflationary fire continuing to smolder.
► In any case, while we’re waiting on the Fed, I think there’s an opportunity to go short the S&P overnight.
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