Tuesday September 17, 2013 08:37
No sense in trying to get cute by throwing some psychobabble into a commentary. No sense in looking forward and opining on future inflation, the debt ceiling deadline, Iran’s continued nuclear ambitions, funds flowing into yield assets, etc. For better or worse, the dance will be with the Fed for the next two days. Everyone is dressed up pretty, with an opinion on their arm. There should be ample time to join the party, once we know, but until we have that clarity, this may set up to be yet another sequel to “Prom Night.”