Republican control of the US Senate got one step closer to extinction last night. Market futures are flat this morning as the Alabama election isn't likely to effect the tax legislation now in conference.
The federal reserve open market committee will announce their current policy position this afternoon. The market expects a quarter point hike and confirmation that 3 increases are likely next year. Anything dramatically different from that will cause market concern.
We remain 100% invested but we eye the QQQ part of our portfolio warily.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.