Everything comes down to how the markets trade over the next three before the Fed meets on the 16th and 17th. The U. S. economic data is clearly strong and warrants a rate increase. However, emerging markets are weak and the U. S. stock market is throwing a tantrum. If the markets stay calm over the next three days, it will increase the probability of a rate increase.
WEEKLY MARKET DIGEST: EVERYTHING COMES DOWN TO THE NEXT THREE DAYS, JOLT REPORT KILLED THE RALLY $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )