The FOMC will be MORE Hawkish than the market expects! Jim Welsh Trading Interview
The FOMC will be MORE Hawkish than the market expects!
Jim Welsh of Macro Tides talks with Blake Morrow of Traders Summit, and today he talks about the FOMC next week. He’s had some expectations for the last couple of months that have worked out just as he suspected, now he is expecting a more hawkish Fed than the market is anticipating. Jim also discusses the S&P and how we have rallied further than he has been expecting, but next week’s data and interest rate decision could impact the equity markets. Jim also discusses his technical picture in the US Dollar, which he expected to trade down towards 93.00 on the USD index before seeing a longer-term rally.
JWelsh@SmartPortfolios.com
20211031
