Not Even Thinking About Thinking About
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- The Federal Open Market Committee (FOMC) minutes will be released at 2:00 pm ET today.
- This important event is bringing into focus Powell’s statement, “We are not even thinking about thinking about raising rates.”
- The Fed has been stubborn to stick with the policies formed before the following:
- Development of the vaccine.
- Blue sweep.
- Biden borrowing heavily and sending free money to people who did not need it.