by Martin Armstrong
With both Asia and European markets were in pretty much a waiting station ahead of the FED, so it is probably worth us heading straight to where the action started! Even the events of the UK Budget were almost removed with talks of, “It could all change come June 23rd anyway” so why get too hot under the collar today! The net result of the Budget for the UK was a negative GBP -0.5% whilst stocks counter-balanced that with a +0.5% rise. Enter the FED.