We're in a pretty quiet time of the year. We've been pretty directionless today. Oil hasn't been doing much.
We're in a pretty quiet time of the year, ... We've been pretty directionless today. Oil hasn't been doing much.
I do not expect to see the Fed let its guard down on inflation any time soon even though the worst fears of energy pass-through have not come to pass.
The minutes kind of fed into the sentiment in the market right now that the Fed is closer to done. The minutes threw lighter fuel on that one.
It's certainly an interesting time as we bump up against levels we haven't seen in quite some time.